The One-Time Decision That Shapes Your Retirement

In our final Money Moments that Matter, we’re tackling a crucial one-time decision: when to claim Social Security benefits.

We all know the basics of Social Security – we contribute during our working years and receive monthly payments in retirement. But the details of when these payments start and their amount aren’t so simple.

Several factors influence your benefits, but timing is key. The age you choose to start receiving benefits significantly impacts your monthly checks. It’s not just about claiming early or late; there are important nuances to consider, and the best choice varies for each person.

This decision can have a lasting impact on your retirement income. To get the full picture and learn how to make the best choice for your situation, read the article here.