It’s Sunday, which means...It’s recap time! This week, I explained few of the more important considerations you’ll want to keep in mind as you decide when to start collecting your social security checks.

Here’s what we covered in each episode this week. 

• The costly mistake too many Americans are making with their social security decisions that could cost you over $400,000
• When you should wait until age 70 to start social security 
• How social security income is taxed
• Addressing concerns over cuts to social security,
• And lastly, special considerations for ex-spouse benefits if you’re divorced

Hopefully after listening to the One Minute Retirement Tip this week, you have a better understanding of some of the key questions that are important for you to answer for yourself before you decide how and when to start collecting social security. 

Tomorrow, we are starting a brand new theme: Financial Document Organization. I’ll share with you how you can systematically organize your financial documents and put all of your most important documents all in one place. Having everything organized is critical for your spouse and your family in the event of your death or disability, yet it’s something that very few people do well. I’m going to make this process a whole lot easier for you with next week’s tips. 

And if you haven’t already, be sure to check out my YouTube channel - True North Retirement, where I cover a wide variety of retirement planning topics - everything from RMD mistakes smart retirees don’t make to understanding non-qualified deferred compensation plans.

That’s it for this week! Thanks for listening and I hope you have a blessed Sunday! 

My name is Ashley Micciche and this is the “One Minute Retirement Tip”.

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