The Social Security Strategy Most Retirees Have Never Heard Of -- and Why It Could Be Worth Over $100,000
Here's a new way to think about your Social Security claiming age.
The Social Security Strategy Most Retirees Have Never Heard Of -- and Why It Could Be Worth Over $100,000
Overview
Claiming Social Security too early without considering your overall financial picture is one of the most common mistakes retirees make. This is especially true for retirees under 65 with substantial savings in 401(k) s, IRAs, and other retirement accounts.
There's a strategy that can be highly effective for retirees in this situation, and financial planners often refer to it as the "bridge strategy." Here's how it works and how to tell if it's the best move for you.
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Originally published at www.fool.com.
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