Decisions, decisions – Personal circumstances figure into when to begin taking Social Security

Description

Abstract: There are several individual factors that go into the determination of when the best time is to begin collecting Social Security benefits. Among those factors are the size of one’s estate, the amount of money required to maintain a desired lifestyle in retirement, and last, but not least, estate planning goals. This article examines the personal circumstances that can affect one’s decision about when to begin collecting Social Security benefits.