When can I claim my Social Security retirement benefits?
In this video I want to discuss what is the best age to collect social security benefits. We are going to look at the basics of collecting social security benefits as well as a real world example of claiming social security benefits at 62 vs claiming social security benefits at 67.
Social Security Benefits based on Age:
62-70% of Social Security Benefits
67-100% of Social Security Benefits
70-124% of Social Security Benefits
How to find out how much social security you will receive:
1. Go to SSA.gov
2. Create an account
3. Look for your most recent social security statement
Retirement income strategies and retirement income planning are two big pieces to anyones retirement planning calculator. Whether you are wanting to know strategies for “retirement planning at 30”, “retirement planning at 40”, “retirement planning at 50”, or even “retirement planning at 60” understanding how much retirement income that you want versus how much you need gives you a roadmap to follow to and through retirement.
Here at Pearl Wealth Group, we run a trademarked retirement investment and retirement income plan for individuals and families who are wanting to retire called “Your Financial EKG™.” What we are trying to visualize is how long a persons retirement savings are going to last throughout retirement. If you are looking for early retirement planning tips or trying to saving for retirement in your 50’s, You Financial EKG™ is a great tool to help you understand where you are retirement planning. Retirement planning and retirement income strategies shouldn’t be complicated. They should just be done right.
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