When Is The Best Time To Take Social Security?

So, when is the best time to take Social Security? The short answer is it depends. Every person is different and there are many factors to take into consideration before making the decision to receive your benefits. Here are three considerations to think about.
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How Much Do I Need to Save For Retirement?

One of the questions we are frequently asked at North Main Financial Group is, how much do I need to save for retirement? Unfortunately, there isn’t a one-size-fits-all answer. Each person is different. When trying to determine how much you should save for retirement you need to take into account things like, career path; current savings and investments; if you have children; lifestyle; the list goes on and can be quite lengthy. Even if a person is in the same demographic as you, their answer will be different based on a whole host of variables.

 

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