As women approach retirement age, it's crucial to understand the nuances of Social Security and its impact on long-term financial health. On our latest podcast featuring Heather Atkins, CFP®, CRPC® we will shed some light on this topic, focusing on why women tend to claim Social Security benefits at 62 and the implications of such decisions.

 

Here’s some of what we discuss in this episode:

• Why are so many women starting their Social Security at the earliest age?
• What’s wrong with taking the benefit at 62?
• How does the earnings test work and how does it apply to your benefits?
• An example of when waiting until 70 might be the wrong decision.

 

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