Personal Finance

Podcast:

Understanding Your Social Security Options

When you start collecting Social Security, it can have a big impact on your retirement income. Our experts will discuss tips to help determine the right Social Security strategy for you.

Key Points

  • In this podcast, Lynnette Khalfani-Cox, who’s also known as The Money Coach®, is joined by guests Philip Moeller, author of “Get What's Yours: The Secrets to Maxing Out Your Social Security,” and Judith Ward, a CERTIFIED FINANCIAL PLANNER™ at T. Rowe Price.
  • The panel will address questions, including: When will you be eligible for Social Security? What is full retirement age? How much can you expect to receive from Social Security? Why is there a deficiency in Social Security?
  • In a segment called “This or That?,” the panel discusses the pros and cons of claiming at different ages. Should you claim at age 62, claim at full retirement age, or claim at age 70 for the maximum benefit? Tune in to hear their advice.

Please note that you will be directed to the Washington Post website.

201901-718122

Next Steps: