Welcome to a new week and a new theme here on the One Minute Retirement Tip! 

This week I’m talking about social security! This is a pretty big topic, so I’m going to focus on helping you understand the most important things you’ll want to think about as you make your social security decision. 

Most people underestimate the importance of this decision, and too many people mistakenly decide to start drawing social security when they retire, but when you’re potentially going to collect over $1 million dollars from social security over your lifetime,so this decision should not be taken lightly. It should be a carefully planned decision that considers a number of factors. 

Stick around because this week I’ll share with you: 

• The social security mistake that could cost you over $400,000
• The trap of social security taxation
• How to plan for potential cuts to social security
• The special benefit that exists for people who are divorced
• And why you may want to wait until you’re 70 to start social security

I’m bringing insight from over a decade of guiding clients on their social security decisions to you this week, and I’m so glad you’re here with me!

That’s it for today. But before you go...you probably know someone who is close to retirement and could benefit from listening to this podcast. If so, please share this podcast with them and encourage them to check it out by adding it to their flash briefing in Alexa or subscribing wherever they listen to podcasts!

Thanks for listening. My name is Ashley Micciche and this is the One Minute Retirement Tip.

----------

>>> Subscribe on iTunes: https://apple.co/2DI2LSP

>>> Subscribe on Amazon Alexa: https://amzn.to/2xRKrCs

>>> Check out our blog: https://truenorthretirementadvisors.com/blog/

----------

Tags: retirement, investing, money, finance, finances, financial planning, retirement planning, saving money, personal finance, wealth management, money tips, fee only financial advisor, financial planner, financial podcast, retirement podcast, financial independence podcast