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Social Security Timing

Did you know?

There are 567 ways to claim Social Security. Do you know which one will maximize your benefits?

(Source: Bankrate.com December 2, 2014)

Choosing the right benefits at the right time is one of the biggest financial decisions you will ever make.

Less than 3% of those claiming Social Security do so in a way that maximizes their monthly benefits.

(Source: Government Accountability Office, “Retirement Income: Ensuring Income throughout Retirement Requires Difficult Choices,” June 2011, p. 22)

Taking your SS benefits too late can cost as much as taking them too early.

(Source: Forbes 44 Social Security Secrets All Baby Boomers need to know …7/3/2012)

Social Security personnel are prohibited from giving advice on when and how to file your claim.

(Source: Thinkadvisor.com Don’t Take Retirement Advise From the Social Security Administration August 19,2014)

Making a mistake when filing a claim can result in up to a 76% loss in benefits.

(Source: Merrill Edge June 2013)

There are 2,728 separate rules for filing a Social Security claim, and for a married couple aged 62, a hundred million combinations!

(Source: Forbes 44 Social Security Secrets All Baby Boomers need to know …7/3/2012)

At Gateway Financial Group, we provide free Social Security analysis that helps you maximize your retirement timing, potentially adding tens or even hundreds of thousands of dollars to your retirement.

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