Spending Your INVESTMENTS To DELAY Claiming Social Security at 62

Claiming Social Security at 62, you might spend less from your investments at first. But is this a good idea?
🔥 GET NICK’S WHITE PAPER here: brindleandbay.com/modern-guar...
✏️ LEARN MORE about Brindle & Bay here: www.brindleandbay.com/
📝 Get NICK’S MEMO at www.newsletter.brindleandbay....
am.jpmorgan.com/us/en/asset-m...
___________________________
🔑 KEY TOPICS
0:00 - Intro
1:10 - JP Morgan Infographic
2:46 - Issues with these charts
4:03 - Better Questions
6:58 - Conclusion
___________________________
💵 ABOUT US
We're a Frisco, Texas-based independent financial advisory firm serving individuals in several states nationwide. We're here to listen to your needs and guide you through the financial planning process.
___________________________
CONNECT 🤝
Nick's Newsletter: www.newsletter.brindleandbay....
Facebook: / brindleandbay
Instagram: brindleandb...
Linkedin: / about
TH-cam: / @brindleandbay
___________________________
CONTACT ☎
Website:
Phone: [phone]
Email: [e-mail]

[@donnymac575]

I'm a couple years older than my wife and have made the most money and have the larger social security benefit. I'm trying wait until 70 to maximize my benefit and hers in case I die before she does.

[@masterlee4370]

65 still working at a job I love, not drawing social security yet and not touching my IRA Account yet. I almost started drawing social security at 62 and was going to keep working basically because I had that mind set it's my money and what if I die. But then I realized unless you are in bad health which I am not you have to plan like you will be here until age 90. So that is what I did and I am so glad I did that. Social Security would have been $1,900 at 62. Now at 66 it will be $2,900 (the C O L A S helped too). A $1,000 a month increase just by waiting. And the IRA continues to grow too.

[@johnbeeck2540]

Nick great points! Planning to retire in next 12 months, then live on cash until next tax year. Will be FRA +1yr before I take SS which is a good balance for my families situation - thanks for the continued information!

[@brindleandbay]

Thank you!

[@jaymetheaccountant]

That’s our plan Nick 👌 thanks for the content 👏

[@brindleandbay]

You bet!