As a fee-only financial advisor in Connecticut, one of the most frequent questions I receive from people I meet is: Should I claim my Social Security benefit early or wait to maximize the monthly benefit? It’s a tricky question because every affluent retiree has different financial circumstances, needs, and goals. The work history of both spouses may also impact the answer. Unfortunately, many retirees aren’t ready to make this important decision, and the Social Security Administration (SSA) has no incentive […]
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