When to Take Social Security?
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 11 June 2019
⏱️ 8 minutes
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Summary
When should I take Social Security? A classic question in the personal finance world. It's not always a black and white answer as there's a variety of factors that should be considered. That's the discussion with Kevin from Minnesota.
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Transcript
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| 0:00.0 | Welcome to the Jill on Money Call of the Week. |
| 0:06.0 | We're presented by Marcus by Goldman Sachs. |
| 0:08.0 | If you've got a burning financial question, it could be anything. |
| 0:12.0 | It could be retirement. It could be a |
| 0:14.0 | loan pay down. It could be a major purchase like a house. Just send us an email. |
| 0:19.2 | Ask Jill at Jill on Money.com. That's Ask Jill at Jill on Money.com. That's what Kevin did. He's on the line calling from |
| 0:27.6 | Minnesota. Hey Kevin what can I do for you? Well I'm my wife and I are both |
| 0:31.9 | 58 so we're getting close to the, to where we're looking at retiring. |
| 0:36.6 | And I've, we've got, we've spent a lot of time researching and investing in 401k's and I kind of I pretty much understand |
| 0:46.4 | those things one thing I've learned is that there's a lot of nonsense out there |
| 0:50.0 | information that's available. Indeed. |
| 0:53.0 | Why I listen to you, I don't ever hear any nonsense from you. |
| 0:56.0 | Well, I mean, there's plenty of nonsense, but it's not usually about your retirement or your financial life. |
| 1:02.0 | It might be nonsense when I'm talking about like |
| 1:03.6 | sports or hockey or something right? Not at all. All right well so what do you so |
| 1:08.9 | what else is going on you've been researching and you're 58 you guys both working still yes and when do you think you want to retire well well |
| 1:17.9 | we're not sure we're it depends on how things go at our jobs but the |
| 1:21.8 | investing has gone rather well and and we can |
| 1:25.1 | you if we have to retire earlier or what to retire earlier than 62 we can |
| 1:29.7 | but what i'm trying to get information on right now is social security i have not found |
| 1:34.4 | a lot of information on social security that's easy to read that makes sense that i think is |
| 1:39.2 | comprehensive |
... |
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