January 12, 2016

Cool easy to use Social Security tool

One of the most important decisions retiree makes is when to start claiming Social Security retirement benefits. To get an estimate of the benefits of delaying claiming the consumer financial protection Bureau has an easy to use tool. You simply input your date of birth highest year's income and it provides an estimate of monthly benefits depending upon which year you choose to retire. The tool isn't as precise as your actual Social Security earnings record but it serves the purpose of illustrating the benefits of delaying claiming. Check it out: http://www.consumerfinance.gov/retirement/before-you-claim/

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