#PreRetirees
In this episode, “When Is the Best Time to Start Social Security,” we explore the optimal timing for claiming Social Security benefits, especially for late-career professionals nearing retirement age in Oregon. We’ll highlight how delaying your Social Security, when financial feasible, can potentially boost your monthly benefit and provide key strategies for maximizing your total retirement income. As a working professional approaching retirement, you’ll discover valuable insights into the financial implications of postponing your benefits, including how it can align with your existing retirement savings, 401(k) contributions, and overall wealth-building plan. We’ll discuss how healthcare costs, inflation, and longevity should influence your decision, while considering how a thoughtful approach to Social Security can support your long-term financial goals. Whether you’re seeking personalized guidance from a financial advisor or looking for general retirement planning advice, this discussion is designed to help you make well-informed decisions about when to begin collecting benefits. Tune in to learn a little about various claiming scenarios, explore real-life examples, and gain strategies that empower you to optimize your Social Security payouts. If you’re a pre-retiree in the United States, this episode offers actionable takeaways to help you prepare for the financial future you envision. Unlock the knowledge you need for retirement success.
#RetirementPlanning #SocialSecurity #FinancialGuidance #RetirementIncome #LateCareerPros
Thanks for tuning in to this episode of The Perfect Retirement Plan, and remember: it's not about having the smartest financial advisor, the most money saved, or the highest probability of retirement success. The perfect retirement plan, for you – is the one you act on.
Phillip Smith, CRPC AIF | Financial Planner
Tidepool Wealth Strategies
450 Country Club Road, Suite 350 | Eugene, OR | 97401
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Additional Disclosures:
The opinions contained in this material are those of the author, and not a recommendation or solicitation to buy or sell investment products. This information is from sources believed to be reliable, but Cetera Wealth Services, LLC cannot guarantee or represent that it is accurate or complete.
All investing involves risk, including the possible loss of principal. There is no assurance that any investment strategy will be successful.
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