The Truth About Social Security: When Should You Really Claim?

Описание: Most people think they understand Social Security.

“Wait until 70.”
“Claim early before it runs out.”
“If you don’t delay, you’re leaving money on the table.”

But Social Security isn’t just a math problem, it’s a coordination decision involving taxes, portfolio withdrawals, longevity, spousal benefits, survivor planning, and market risk.

In this video, CERTIFIED FINANCIAL PLANNER® professional Phillip from Flying Forward Wealth Management breaks down how to think about Social Security like a planner, not like the internet.

You’ll learn:

• How Social Security is actually funded
• Why break-even charts often mislead retirees
• How claiming age affects taxes and portfolio withdrawals
• When claiming early may protect your retirement plan
• How Social Security reduces sequence of returns risk
• The role of psychology in retirement income decisions
• How spousal and survivor benefits change the equation
• Why there is no universally “correct” claiming age

When coordinated intentionally, Social Security becomes one of the most reliable, inflation-adjusted income sources in retirement.

When coordinated poorly, it can quietly cost you tens, or even hundreds of thousands of dollars.

The right decision depends on your health, your spouse, your portfolio, and your goals.

Interested in working with Flying Forward Wealth Mgmt?
→ https://www.flyingforward.com

Timestamps:
00:00 – Why Most Social Security Advice Is Oversimplified
00:49 – Who This Video Is For
01:12 – Why Break-Even Charts Are Incomplete
01:40 – How Social Security Is Funded
02:11 – How Your Benefit Is Calculated
03:04 – Avoiding Zeros & Increasing Your Benefit
04:00 – Claiming at 62 vs 67 vs 70
04:27 – Why “Always Wait” Isn’t Always Right
04:54 – Coordinating Social Security With Portfolio Withdrawals
05:21 – The Psychology of Guaranteed Income
06:41 – Sequence of Returns Risk Explained
07:34 – When Claiming Early Makes Sense
08:55 – Flexibility: Claiming & Suspending
09:23 – Spousal Benefits Explained
09:48 – Survivor Benefit Planning
10:14 – Taxes, Medicare & Retirement Coordination
10:42 – The Right Way to Think About Claiming

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