Boomer Dilemma: When to Take Social Security

Upon approaching retirement age, some Baby Boomers wonder whether to opt into Social Security right away or wait.  This brief article from Charles Schwab looks at the benefits and downsides of collecting Social Security early.

Many factors–from knowing your long-term cash needs, your life expectancy/break-even age, and the benefits of your spouse–can impact your decision on when to begin collecting Social Security benefits.

Click HERE to learn more about these factors that can impact you in your financial planning journey.