Are you Financially ready to retire?

Are you starting social security too early?

Many people want to begin collecting their social security benefits when they turn 62 and first become eligible. What many people don't realize is that the amount of benefits you receive scales with the age that you begin receiving benefits. The longer you wait to start collecting, the greater your initial annual income. The payments received if you begin collecting at age 70 (when benefits no longer increase) are nearly double those you would receive if you begin at age 62. 

Social Security benefits offer many advantages over other retirement options and great care should be taken to maximize the return. The payments adjust with inflation, are uninfluenced by the stock market, are subject to little or no income tax, and can be passed to your spouse upon death. Careful financial planning can allow you to delay the onset of the benefits and reap the rewards of a very secure, lifetime payment. 


Call me for a FREE financial review,

Jesse Alvarado
(562)822-5565