When to Claim Social Security: 5 Tips
by T. Eric Reich, CIMA®, CFP®, CLU®, ChFC®, President and Founder, Reich Asset Management, LLC
Mar 06, 2018
3 minutes
There tends to be an awful lot of advice flying around regarding when you should claim Social Security. The most common answer that I hear from other advisers is that you should wait until age 70. That's not always the case. So here are the five factors that help determine when YOU should claim Social Security.
First, let's address a common concern I hear from clients, which is "I want to claim it now because they might be broke in the future!" Well, there's good news and bad news about that. The last major study said that
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