Ready For Retirement

What Age Should I Collect Social Security If I Don’t Need It?


Listen Later

For many people, Social Security will be their primary income source in retirement, but some individuals have sufficient assets or income from other sources, making them less dependent on Social Security benefits.

James explains the factors that can affect when you should collect Social Security and how to create a dynamic strategy.


Questions Answered: 
What if you have sufficient assets/ income that you don't depend on Social Security for your retirement needs?
How should that change your approach to collecting social security?

Timestamps:
0:00 Intro
2:36 If you don't need Social Security
5:40 First thing to look at
7:48 Listener's situation
10:11 Working in retirement
12:50 The second thing to look at
14:30 The third thing to look at
15:44 The fourth thing to look at
17:15 Examples
20:18 Needing cash down the line
24:49 Final thoughts
25:22 Outro




Create Your Custom Strategy ⬇️


Get Started Here.

Join the new Root Collective HERE!

...more
View all episodesView all episodes
Download on the App Store

Ready For RetirementBy James Conole, CFP®

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

781 ratings


More shows like Ready For Retirement

View all
Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,248 Listeners

The Stacking Benjamins Show by Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

The Stacking Benjamins Show

1,989 Listeners

Jill on Money with Jill Schlesinger by Audacy

Jill on Money with Jill Schlesinger

1,955 Listeners

Sound Retirement Radio by Jason Parker

Sound Retirement Radio

444 Listeners

Your Money, Your Wealth by Your Money, Your Wealth

Your Money, Your Wealth

810 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,333 Listeners

Retire Sooner with Wes Moss by Wes Moss

Retire Sooner with Wes Moss

455 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

536 Listeners

The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

The Retirement and IRA Show

750 Listeners

Big Picture Retirement® by Devin Carroll, CFP® & John Ross, JD

Big Picture Retirement®

548 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

700 Listeners

Bogleheads On Investing Podcast by bogleheads

Bogleheads On Investing Podcast

620 Listeners

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance) by Ari Taublieb, CFP®, MBA

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

584 Listeners

Money Moves with Jill Schlesinger by CBS News

Money Moves with Jill Schlesinger

435 Listeners

Retirement Planning Education, with Andy Panko by Andy Panko

Retirement Planning Education, with Andy Panko

1,069 Listeners