Timothy Sumer

What is the best age to file for Social Security? What factors should you consider when making the decision to claim your Social Security benefits? It can be confusing and Social Security claiming mistakes are common. GET YOUR OWN PROFESSIONAL Social Security Analysis and Strategy Report: Free Resources University of Holistic Retirement Planning - Online Course Contact Us ... ( read more ) LEARN MORE ABOUT: Retirement Pension Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing What's the Best Age to Claim Social Security: 62, 66, or 70? One of the most important decisions retirees face is determining when to start claiming their Social Security benefits. With various options available, the question arises: what is the best age to claim Social Security? Will you be better off starting at 62, full retirement age (FRA), or at the maximum age of 70? Ma

Only 35% of Social Security recipients file at Full Retirement Age (FRA), yet most of them should... This short video will help you make the decision about when to file for this important part of your retirement income. Questions to Ask A Financial Planner to Determine if They Know How Social Security Really Works Please explain what the best age is for me to file for Social Security and Why? Please explain provisional income to me. What is the best age for my spouse to file for Social Security if her/his retirement benefit is less than half of mine? What are Social Security Credits and how are they calculated? What is a Social Security Breakeven Analysis and is this a good way to determine when to file? Do I need to file for for Social Security for my spouse to receive spousal benefits. What is the Survivor Benefit and how is it determined? What is the payout percentage difference between filing at full retirement age and minimum filing age? Note: If you financial plan

The Best Age For Social Security Is? - Make retirement planning Easier Subscribe Now: Download Our Retirement Toolkit: Over 60% of Social Security recipients claim their benefits before their Full Retirement Age. Is that the right decision? How can you determine when you should file for your benefits. What is the best age to file for Social Security? Should you really worry about all of the headlines saying Social Security Is Going Bankrupt? In this video, I give 5 reasons why you should file for your Social Security early and 5 reasons to delay filing for benefits. 👍 [PERSONALIZED SOCIAL SECURITY ANALYSIS AND RETIREMENT PLAN] If you have questions or comments email us Retire@theoremwm.com or head to www.Retireonceshow.com - Johnathan Rankin CRPC® CEPA®, Founder & CEO - Theorem Wealth Management 🎁 [ULTIMATE RETIREMENT TOOL KIT] 🌐[HOMEPAGE] 1️⃣[RETIRE ONCE] ----------------------- POPULAR RETIREMENT VIDEOS How rising interest rates affect retirement plan

Would you be happy with just 70% of the retirement benefits that you worked your whole life to build up? Some people are, but others are unaware that their timing on filing for benefits could cost them thousands. In this video, we’ll discuss how your decision on when to apply for Social Security retirement benefits can impact the amount of your monthly benefit LINKS MENTIONED IN THE VIDEO: Mysocialsecurity.gov Order 10 Costly Medicare Mistakes You Can't Afford to Make HERE: GUIDING YOU THROUGH MEDICARE SO YOU CAN MAKE CONFIDENT HEALTHCARE DECISIONS! WE SPEAK MEDICARE #SocialSecurity #SocialSecurityBenefits #SocialSecurityExplained SUBSCRIBE: Did you learn something new from this video? Subscribe for more helpful Medicare videos! Be sure to hit the bell to be notified when we publish our new Medicare videos: CONTACT US: We are licensed in 49 states (we aren't licensed in NY), and we are a top-producing, award-winning agency with over 15,000 5-star review

Get familiar with these basics of Social Security if you’re planning for retirement. It’s crucial to understand how Social Security works before you stop working. Your work history affects your retirement income, and choices like when you claim benefits can have lasting effects. A solid retirement plan for most people relies on Social Security. SSA estimates that the average U.S. retiree will replace 40% of their pre-retirement income with Social Security. That means you might need to also get income from other sources, such as savings and investments that you accumulate throughout life. Get free retirement planning resources: 🔑 9 Keys to retirement planning 🐢 6 Safest Investments Your full retirement age (FRA) is one of the most important things to understand. That’s because you typically get reduced benefits if you take income before that age. And waiting offers the opportunity for delayed retirement credits up to age 70. Your age at claiming is a major factor in h

Several viewers have recently asked me whether it makes sense to claim social security at 62 if you plan to invest the money. At first, it seems like a solid strategy. While your monthly benefit will be lower, you get years of investment returns you'd otherwise forfeit. It turns out, however, that the issue is a bit more complex. First, depending on your investment returns, claiming social security at 62 may or may not turn out in your favor. The arguably more important issue, however, is taxes. Claiming social security at 62 could affect everything from how much your social security benefits are taxed to IRMAA premiums or ACA credits. It could also affect a Roth conversion strategy. Join the newsletter: ———————————— Video Resources ———————————— Social Security Benefits Calculator: Taxes on SS Benefits: IRMAA Premiums: MAGI for IRMAA: MAGI for ACA Credits: ———————————— Investing Tools ———————————— My Book (Retire Before Mom and Dad): Personal Capital (Investm