For better or worse, deciding how and when to take Social Security is a complicated decision. This is unfortunate because many individuals, when faced with a difficult decision, shut down rather than ask the questions that can help them avoid mistakes. Due to the long-term payouts associated with Social Security, mistakes made at the beginning compound over many, many years, making them very costly. Below are five ways to simplify social security to help you avoid making a mistake.
The connection between your life and your wealth can be complex, which is why we spend the time to simplify concepts and break down trends and terms so you gain more insight into your financial picture. With this education, we hope to provide you with a detailed glimpse into how you can effectively utilize your wealth to your advantage so every decision gets you closer to where you want to be.