Planadviser

Strategies to Maximize Social Security and Medicare

By Lee Barney

Ideally, it is best to wait until you reach full retirement age, says Andrew Westlin, financial planner at Betterment for Business in New York. “The later you delay, the greater the benefit,” Westlin says. “However, the right time is different for everyone. When we do Social Security planning with customers, we look at all of their assets, including pensions and rental incomes, and try to calculate a break-even point.”

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This article originally published November 29th, 2018 on Planadviser.

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