WHEN AND HOW TO CLAIM SOCIAL SECURITY BENEFITS?

IF YOU ARE A WOMAN, THIS QUESTION BECOMES FAR MORE CRITICAL AS YOU PLAN AHEAD FOR RETIREMENT INCOME- WHETHER SINGLE OR MARRIED

When social security was created in the 1930’s, the primary roles of women were drastically different than today and when calculating the number of extended years in retirement and years spent in retirement as a single woman, the application of those benefits has changed dramatically.

If you are a woman who will be counting on social security to be your primary source of income during retirement, I would strongly encourage you to sit down with a financial planner, preferably someone with a CFP designation. This article posted by Lorie Konish with CNBC.com explains many things that should be considered when factoring in Social Security Benefits as a part of your plan for retirement income:

https://www.cnbc.com/2019/01/18/why-the-stakes-are-higher-for-women-when-claiming-social-security.html