Social Security forms the foundation of most American’s retirements. And deciding when to claim those benefits is hugely important. This week, Wade is joined by friend of the show, Bob French from Retirement Researcher, to talk about Wade’s new paper with Steve Parrish in the Journal of Financial Planning “Which Social Security Claiming Strategy Generates the Highest Legacy Value?” Using actual historical returns this paper examines how claiming your benefits early would have fared compared to claiming later – and what impact that would have had on your retirement. Listen now to learn more!
Links
Click here to watch this episode on YouTube: https://youtu.be/dnBRWErvtAM?si=gWPB9hKadIFf9Ufe
“Which Social Security Claiming Strategy Generates the Highest Legacy Value?” https://www.financialplanningassociation.org/learning/publications/journal/JAN23-which-social-security-claiming-strategy-generates-highest-legacy-value-OPEN
This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/roth/ to download McLean’s free eBook, “Is a Roth Conversion Right For You?”
