Retirement And Money Matters

When to Claim SS and How to Prepare for Healthcare Costs

Informações:

Synopsis

57% of current Social Security recipients filed for benefits before 65, 34% filed at 62.  But, did you know that if you claim at 62, you’re only getting 70% of your full benefit? But, if you wait until you’re 70, that’s 125% of your full benefit! That’s a HUGE difference for guaranteed lifetime income.  Plus, healthcare is one of the biggest expenses you’ll face in retirement. The average couple retiring today will have to cover $280,000 in healthcare costs, how can you prepare for these rising costs?