234: Social Security: Early or Late Retirement?
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 1 March 2017
⏱️ 22 minutes
🧾️ Download transcript
Summary
Learn the ins and outs of Social Security, how to decide when to take SS and how it will impact you.
1. What are people who are retiring saying about Social Security?
2. The advantages/disadvantages of starting early vs. waiting to take Social Security.
3. How to decide whether to take SS early or wait until later? How many people start right away and how many wait?
4. What trends are changing in regard to retirement income?
5. Will SS continue in the future?
6. What can people do who want to retire early?
Transcript
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| 0:00.0 | Be wealthy and smart, episode number 233. |
| 0:03.2 | I'm gonna live no rich life. |
| 0:07.2 | A rich life. |
| 0:08.2 | Moving that's life. |
| 0:10.2 | If y'all know what I mean, put your hands up and declare with me |
| 0:14.0 | Yeah, I'm full of pain |
| 0:16.0 | I'm gonna live the good life |
| 0:21.0 | I'm gonna live the good wealth and wealth and financial freedom without budgets, boredom or bosses on be wealthyy and Smart. And now here's your host, Linda P. Jones. |
| 0:38.4 | Welcome to Be Wealthy and Smart. I'm Linda P Jones, America's Wealth Mentor, Empowering Women and Men Worldwide to Financial Freedom. |
| 0:45.7 | On today's show, I'm going to interview Devon Carroll. |
| 0:49.2 | Devon is an expert on Social Security, and we have a very enlightening conversation about Social Security, how to prepare for it, some of the pitfalls to avoid, whether to take it early or whether to take it later and how all of this can impact you. |
| 1:05.9 | I know you're going to enjoy this interview. |
| 1:08.6 | Here we go. |
| 1:09.6 | Well I'm excited to have Devon Carroll on the show today. |
| 1:12.4 | How are you, Devon? |
| 1:13.4 | I'm doing great, Linda. Thanks for having me. Oh, I'm so happy to have you. |
| 1:17.2 | Devon, you're a financial advisor out there in the real world and I don't often have |
| 1:21.7 | financial advisors on the show but there was |
| 1:24.4 | something about you and your knowledge and just I so connected with you I'm |
| 1:29.3 | I'm thrilled to have you on the show today. Well thank you. Yes I'm a practicing financial advisor and can I |
| 1:36.4 | add in the great state of Texas. There you go. I love it. Yes you can. Well tell us how did you get into this position that you're in now? |
| 1:47.0 | So you know as a financial advisor this started way back in, oh I think 2001. A friend of mine went to an event invited me and I was introduced |
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