Consider This Program with Joe Clark, CFP and Angi Kinser.
In this segment we will cover: There are many strategies for a successful retirement, but also critical decisions that have to be made beforehand if they are going to work. Determining whether to draw Social Security at 62 as a means of monthly income or using retirement savings instead and deferring Social Security while the benefit grows, is one of those decisions. This may reduce your retirement savings at first, but when you do finally take Social Security and the monthly income is larger, you are able to rebound. Thus creating a “V”. We call this V for Victory.
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