The BEST AGE to File for Social Security Retirement Benefits

This video examines the best age to file for Social Security Retirement Benefits and the big decisions around this important topic. Every year million of American file to receive Social Security benefits. The decision is permanent and cannot be undone and is quite possible the single most important decision leading up to retirement, yet so many people treat filing for Social Security Benefits as casually as choosing a car color for their next automobile. This video answers critical questions around: when to file early, when to file late and most importantly what the BAD reasons to file for Social Security benefits. Questions to Ask A Financial Planner to Determine if They Know How Social Security Really Works Please explain what the best age is for me to file for Social Security and Why? Please explain provisional income to me. What is the best age for my spouse to file for Social Security if her/his retirement benefit is less than half of mine? What are Social Security Credits and how are they calculated? What is a Social Security Breakeven Analysis and is this a good way to determine when to file? Do I need to file for for Social Security for my spouse to receive spousal benefits. What is the Survivor Benefit and how is it determined? What is the payout percentage difference between filing at full retirement age and minimum filing age? Note: If you financial planner does not know the answer to these basic questions, I recommend that you move on to someone who does. RECOMMENDED VIDEOS Average Retirement Savings at 60 -    • Average Retirement Savings by Age 60....   Average Retirement Savings at 50 -    • Average Retirement Savings by Age 50....   3 Easy Ways to Boost Your Retirement Savings -    • 3 Easy Ways to Boost Your Retirement ...   Average Retirement Savings at 40 -    • Average Retirement Savings by Age 40 ...   How to Report Property Gains and Losses -    • Reporting Capital Gains on IRS Form 8...   Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.

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