Social Security makes up on average 64.8% of the total household income in retirement. Every dollar you increase your Social Security Income potentially means less money you’ll have to spend from your nest egg to supplement your income. In fact, the difference between the BEST and WORST Social Security election can be $50,000, $100,000…even up to $170,000 in lifetime benefits!!
Just like every aspect of retirement planning, Social Security is inherently specific to the individual or couple deciding on when to elect lifetime benefits. The reality is that the average married couple has 576 different combinations to draw Social Security.
Scott McCaghren is a fully accredited National Social Security Advisor ( NSSA™ ) and helps individuals and couples find the best drawing solution for their situation in conjunction with their comprehensive retirement plan.
Ready to reach out? Please go to our contact page for options.