Social Security Essentials: 3 Must-Know Topics for Effective Retirement Planning

Join me on this episode of the Financial Breakaway Podcast as we dive deep into "Social Security Essentials: 3 Must-Know Topics for Effective Retirement Planning." As you near retirement, it's crucial to understand the intricacies of Social Security and how it fits into your overall financial plan. I'll guide you through the complexities and strategies to make the most of your Social Security benefits. In this episode, we'll cover: • 🕒 My insights on the Optimal Claiming Age: Weighing the benefits of claiming early versus delaying, tailored to your unique situation. • 👫 Strategies for Coordinating Spousal Benefits: I'll show you how couples can maximize their combined retirement income through smart planning. • 💰 Techniques for Managing Social Security Taxation: I'll share ways to handle and potentially reduce the tax impact on your Social Security benefits. By the end of our time together, you'll have a clearer understanding of how to approach these essential Social Security decisions, setting you up for a more secure and confident retirement. Join me to unlock these vital retirement planning strategies! Ryan Hitchcock Financial Planner High Point Capital Group Direct: 414-253-4611 rhitch@hpcg.com Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Past performance is not a guarantee of future results. Securities and investment advisory services offered through Osaic, Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth. 1200 N. Mayfair Rd., Suite 300, Milwaukee, WI 53226. Phone: 414-253-4600.