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31. Should You Claim Social Security Early to Invest It?
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Should you claim Social Security early and invest the money? Or is it smarter to wait for a higher monthly benefit—or even explore annuities? In this episode, we dive into the numbers, risks, and real-life considerations for maximizing your retirement income. We’ll also discuss an exciting new Social Security change that benefits millions of Americans, including retirees like firefighters, teachers, and police officers. If you’re planning for retirement, this episode is packed with practical tips you won't want to miss.
Episode Resources
Delay Social Security, Invest More or Buy an Annuity: What's Best for Retirement Income?
Breakeven Returns For Delayed Social Security Claiming
Social Security Fairness Act Signed Into Law by Biden, Enhancing Retirement Benefits for Millions
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