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Podcast: Smart Money Questions
Episode: Social Security COLA and Timing
Description: Choosing when to claim Social Security can have a huge impact on your retirement plan. A lot of people are unsure about whether they should delay Social Security or take advantage of another significant COLA increase. Today we are going to look at some of the different options you may have and narrow down the reasons they may or may not be for you.
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What we discuss in this episode:Â
Do you time the market or do you time Social Security? (2:21)
Do you qualify for spousal benefits? (5:28)
Social Security has a guaranteed interest rate fo...