About this episode
For many people, Social Security will be their primary income source in retirement, but some individuals have sufficient assets or income from other sources, making them less dependent on Social Security benefits. James explains the factors that can affect when you should collect Social Security and how to create a dynamic strategy. Questions Answered: What if you have sufficient assets/ income that you don't depend on Social Security for your retirement needs? How should that change your approach to collecting social security? Timestamps: 0:00 Intro 2:36 If you don't need Social Security 5:40 First thing to look at 7:48 Listener's situation 10:11 Working in retirement 12:50 The second thing to look at 14:30 The third thing to look at 15:44 The fourth thing to look at 17:15 Examples 20:18 Needing cash down the line 24:49 Final thoughts 25:22 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!