Put Off Social Security Or Start It Earlier?

When should you take Social Security? It’s one of the biggest financial decisions you’ll make in retirement, and one of the easiest to get wrong. It’s not about finding “the best” age, it’s about making an educated decision based on your health, income needs, taxes, and long-term goals. Today, Ryan breaks down the key tradeoffs between claiming early, waiting until full retirement age, or delaying all the way to 70.

Here’s what we discuss in this episode:

🧮 Claiming Strategy Basics: Timing is an educated guess based on multiple factors

📉 Early Claim at 62: Roughly 30% lower benefit for life

⏳ Delaying for Bigger Benefits: About 8% increase per year after FRA

💼 Still Working & Social Security: Income can temporarily reduce benefits

🧠 Plan with Precision: Coordination can add significant lifetime value

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