Social Security: Now or Later

In this week's Lifetime Income podcast, we discuss the problems facing Social Security, Medicare, and the Disability trust fund, including their expected dates of depletion according to the trustee's report, and whether it makes sense to take your benefits early, depending on your current age. Topics of discussion: how much you receive at what age, any penalties or work limitations, and how a person's health needs fit into the picture as well. See how Timothy Newman approaches social security in this week's case study (see PDF presentation).