April is Social Security Month!Submitted by Saratoga Financial Services on April 21st, 2020
When should you start taking Social Security?
That's a difficult question to answer. Many people think that starting Social Security as early as possible is a good way to achieve an early retirement.
However, while you get a boost in income when you start Social Security, the earlier you start, the lower your monthly benefit amount will be (for life).
Social Security is a complicated program, and many people struggle to try to figure out the best strategy for their particular situation.
If you're thinking about retirement, it's best to have as much information as possible. We encourage you to contact us with any questions or visit your local Social Security office to estimate your benefits and review your unique situation before making a decision.