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Ask Rusty – Claim Now and Invest it, or Wait to Claim?

November 16, 2020 | Presenting: Russell Gloor - AMAC Foundation Social Security Advisor

I’m 66 now and will be 67 in December and my question is this: Should I take Social Security now or wait? I’m still working full time and plan to work for a few more years, at least until I’m 70 but maybe longer. I was told by a friend that I should take my Social Security now and put the money into savings, invest it or use it. And, since I’m still working, I’m still contributing to Social Security, so that when I reach 70 I should get the full amount. I’m not sure if this is accurate so would like to hear your advice.

This recording presents the viewpoints of the AMAC Foundation’s Social Security Advisory Staff, trained and accredited under the National Social Security Advisors program of the National Social Security Association, LLC (NSSA). NSSA and the AMAC Foundation are not affiliated with or endorsed by the United States Government, the Social Security Administration, or any other state government. To request additional information, contact our Advisory Staff at 888-750-2622, or email us at [email protected].