))
Can Bucket 1 Actually Increase Your Social Security Benefits?
Manage episode 505323970 series 3428540
Content provided by Lucia Capital Group. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Lucia Capital Group or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
The question of when to take your Social Security retirement benefits often comes down to whether you need the money now or can wait until later. Larger benefit checks await those who take it later, but is there a way to perhaps get the cash flow you need right now from another source while delaying your benefits as long as possible?
Bucket 1 may be able to help. By creating your own cash flow for 7 or 8 years, up until you turn age 70, you may be able to create a kind of "quasi benefit" and allow yourself to take those larger checks later on.
How might that work? Find out from host Johnny Dean and Rick "The Professor" Plum, CFP® on this week's episode of Managing Your Financial Future!
233 episodes
Share
