On this week’s podcast episode, the guys at Oakmont discuss when to take Social Security and how to fix a common filing mistake.
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Deciding when to take Social Security often requires strategy. It’s one of the most important decisions you’ll make in retirement and you only get one chance to apply, so it is crucial to make the right decision regarding when to file for benefits.
Ralph Hicks, Michael Hicks, and Ryan Gilmore share their Social Security insights, including:
- How your Social Security benefit amount can fluctuate depending on your age
- Items to consider as you build your Social Security strategy, such as life expectancy, working years, and spousal benefits
- How to get a second chance at receiving a higher Social Security benefit if you mistakenly file too early
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