Your Pension Broke The Rules. Here's When To Claim Social Security

Work with me: https://farerfinancial.com/get-startedEvery Social Security video on YouTube was built for someone without a pension. This one isn't.If you're a teacher, firefighter, administrator, or any state or local government employee with a defined benefit pension, the standard Social Security timing advice doesn't apply to your situation — and following it without understanding the difference could cost you.When you layer Social Security on top of a pension and a large pre-tax 403(b) or 457, the decision isn't just "do I get more if I wait?" It becomes a tax question. And most people never see it that way until it's too late to do much about it.In this episode, Cole breaks down the Social Security timing decision specifically for pension holders — why the conventional framework gets it wrong for your situation, how pension income changes the math, and what questions are actually worth asking before you file.Topics covered:Why standard Social Security timing advice doesn't apply to pension holdersHow pension income interacts with Social Security taxationThe tax implications of stacking pension, Social Security, and RMDsA framework for thinking about filing timing when your income doesn't stop at retirementThis episode is for informational and educational purposes only and does not constitute personalized investment, tax, legal, or insurance advice. Viewing this content does not create an advisory relationship. The strategies and examples discussed are hypothetical and for illustrative purposes only. Always consult a qualified professional regarding your specific situation.Farer Financial LLC is a Registered Investment Adviser registered with the Washington State Department of Financial Institutions.