Social Security at 70? Think Again.

Is it better to file for Social Security at your full retirement age, or to wait until age 70?

You may have heard strong arguments for both strategies. In this video we’ll explore two hypothetical couples with similar financial profiles, and quantify the best filing strategy for both.

We’ll also incorporate the possibility that Social Security runs out of money in 2033 and pays only 79% of benefits from that point forward (which is what the trustees of the plan forecast in their most recent report).

How Much Do You Need Saved to Comfortably Retire? Click Here to Take Our Free Two Minute Assessment: threeoakswealth.typeform.com/retirementneeds

00:00 Introduction to Social Security Benefits
02:55 Hypothetical Situation
17:30 Final Thoughts