Retirement Quick Tips with Ashley

Social Security Week - Recap & Highlights - Ep. 56


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Transcript: 

It’s Sunday, which means... It’s recap time!

This week’s topic was social security. The decision about when to take social security is one of the most important decisions you will make when planning for retirement. It’s not a decision that should be taken lightly, especially when you’ll likely collect $1 million dollars or more from social security in retirement.

This past week, we talked about

  • 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

If you missed any of these episodes, you can find them on iTunes by searching for “One Minute Retirement Tip with Ashley”. Feel free to go wild and binge on episodes over there.

Before you go, I have a little treat for you: If you email me your social security monthly benefit amount at your full retirement age, I’ll run the numbers for you and show you the impact of taking social security at different ages, so you can make a smart social security decision!

I normally charge $1000 for this analysis, but this week, for listeners of the One Minute Retirement Tip, it’s free. Email it to me at [email protected].

That’s it for this week! Thanks for listening.

I can’t wait to hang out with you again tomorrow morning, where I’m going to tackle a brand new theme: It’s the season of giving, so we’re going to talk about charitable giving strategies that allow you to do the most good with the most benefit!

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

Topics Covered This Week:

retirement, investing, money, finance, stock market, social security, social security at age 62, full retirement age, social security at age 70, ex-spouse social security benefits, cuts to social security, social security taxable, social security tax, social security delayed retirement break even, social security age, max social security tax, social security benefits age 66 still working

 

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