Ready for a personalized plan? Book your FREE retirement readiness call 👉 https://www.concurrentfp.com/
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Is “wait until 70” always best? Not for every Gen Xer. In this episode, Dr. Preston Cherry (Financial Planning Ph.D., CFP®, Top 10 Investopedia Advisor, Founder of Concurrent Wealth Management) breaks down 3 smart reasons Gen X might want to claim Social Security at 62 - and when it doesn’t make sense. You’ll see how early benefits can protect your portfolio, reduce stress, and align income with the life you actually want to live.
This isn’t about chasing a perfect number. It’s about aligning your life and your money - so you can live your wealth, your way.
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What You’ll Learn in This Video
✅ The 3 smart reasons to consider claiming at 62
✅ Why break-even age isn’t the only metric that matters
✅ How early Social Security can reduce sequence-of-returns risk and smooth withdrawals
✅ A simple spouse strategy: lower earner early, higher earner later for a stronger survivor benefit
✅ Key guardrails if you’re still working (Earnings Test), plus taxes on benefits and basic IRMAA timing awareness
✅ How to fit Social Security into an overall retirement income plan (Roth, brokerage, IRA/RMDs)
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Who Is This Video For?
📌 Those weighing early retirement or partial work
📌 Couples coordinating benefits and survivor income
📌 DIY investors who want a clear, values-first income plan
📌 Professionals seeking flexibility, not one-size-fits-all rules
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Ready for a personalized plan? 👉 Book your FREE retirement readiness call: https://www.concurrentfp.com/
Subscribe For Weekly, Data-Driven Retirement Strategies👇
YouTube: @DrPrestonCherry
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Key Words linking To This Topic:
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