Financial Choices Matter
Episodes
Thursday Dec 05, 2019
Top 5 Social Security Misunderstandings
Thursday Dec 05, 2019
Thursday Dec 05, 2019
Myths, rumors, and misunderstandings are pervasive in the world of Social Security. On this show, we’ll look to clear up the top 5 misunderstandings about Social Security.
Show Notes:
1:33 - Mailbag Question from Randall: "Places to start investing in for retirement."
5:21 - Top 5 Social Security Misunderstandings
5:42 - Misunderstanding #1: Social Security Is Going Broke
6:43 - Misunderstanding #2: You Should Start Social Security As Early As Possible
7:31 - Misunderstanding #3: You Should Start Social Security As Late As Possible
9:25 - Misunderstanding #4: The SSA Can Help You Choose The Best Strategy When You Go And See Them
11:37 - Misunderstanding #5: You Don't Pay Taxes On Social Security Benefits
14:48 - Do You See People Often Overestimating Their Risk Tolerance?