Top 5 Social Security Misunderstandings
On This Episode:
Myths, rumors, and misunderstandings are pervasive in the world of Social Security. On this show, we’ll look to clear up the top 5 misunderstandings about Social Security.
1:33 - Mailbag Question from Randall: "Places to start investing in for retirement."
5:21 - Top 5 Social Security Misunderstandings
5:42 - Misunderstanding #1: Social Security Is Going Broke
6:43 - Misunderstanding #2: You Should Start Social Security As Early As Possible
7:31 - Misunderstanding #3: You Should Start Social Security As Late As Possible
9:25 - Misunderstanding #4: The SSA Can Help You Choose The Best Strategy When You Go And See Them
11:37 - Misunderstanding #5: You Don't Pay Taxes On Social Security Benefits
14:48 - Do You See People Often Overestimating Their Risk Tolerance?