Given the recent market volatility, many Americans are considering claiming their Social Security benefits early to reduce the strain of withdrawals on their retirement portfolio. However, claiming early can have a significant negative impact some some individuals.
"Before you decide to claim Social Security benefits early, you should consider the composition of your household, your lifetime spending goals, and your other income and assets."
Covisum Founder and President, Joe Elsasser, CFP®, recently outlined who should consider claiming Social Security benefits early and who should delay in this article for Forbes Finance Council.
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