If you understand the way Social Security works and how it's funded, you will understand why the probability of it running out of money is extremely low.
In this episode, Luke Hail, MBA, CFP®, discusses the Social Security system’s benefits and some key points to remember before taking Social Security.
Luke shares more about:
- When Social Security was established and why
- Retirement, disability, and survivor benefits provided by the Social Security Administration
- What factors impact when you should begin taking retirement benefits through Social Security
- And more
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