Social Security

Did you know there is an optimal strategy for couples in how they elect to take social security? The average high income earning couple can miss out on over $100,000 of lifetime Social Security income if they don't elect properly. The following table illustrates the actuarial reduction / delayed retirement credit:

SS_Actuarial_Table.jpg

There is no single "Best Age." Lifetime benefits depends on 3 primary factors: Earnings history, potential for longevity, and when you elect.