Social Security Timing: A Bird in the Hand Is Worth Two in the Bush

Is it better to claim Social Security early or wait for a larger benefit? Dive into this age-old debate and the trade-offs between taking benefits sooner versus holding out for a potentially higher payout. This episode unpacks the factors that influence this key decision, including life expectancy, financial needs and opportunity costs. Host Mark Falter gives practical examples and clear insights to help you weigh the value of what’s available now versus the promise of more later. Don’t miss this discussion on making the most of one of retirement’s most important decisions!