If I Won’t Live to 90, Should I Claim Social Security Early?

Get your customized planning started today by connecting with Dennis 👉 https://www.faith401kmgmt.com/contact_us/If your parents passed away relatively young, it’s only natural to wonder whether you’ll follow the same path. And from a financial standpoint, does that change how you should approach things like retirement planning and when to draw Social Security benefits? In today’s episode, Dennis answers a listener’s question on this exact topic. Here’s some of what we discuss in this episode:⏳ Claiming Social Security early reduces benefits, know your “why” and have a plan💰 Having multiple “buckets” of money provides flexibility and tax efficiency🛡️ Planning is more important even if you fear a shorter retirement👨‍👩‍👧 Family history matters, but it shouldn’t determine your retirement pathOur website:  https://www.401k.faithPhone: (513) 898-1897Contact our team: https://www.faith401kmgmt.com/contact_us/Book an Introductory Meeting: https://www.faith401kmgmt.com/contact_us/Check out our no-cost financial flipbooks here: https://www.faith401kmgmt.com/learning_center/flipbooks/Join one of our upcoming events: https://www.faith401kmgmt.com/events.htmCheck out our online calculators: https://www.faith401kmgmt.com/learning_center/calculators/Check us out on YouTube: https://www.youtube.com/channel/UCpuK6WuipFhXBxujjM6nl7gFacebook: https://www.facebook.com/profile.php?id=100063561056644LinkedIn: https://www.linkedin.com/in/dennis-horr-2ba3714/X: https://x.com/dennishorr