{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Why Waiting Until 70 for Social Security Can Backfire (And the Question to Ask Instead)","description":"The math behind "wait until 70" for Social Security is real. Hold off claiming from 62 to 70 and your monthly benefit climbs by roughly 77%. So why would anyone walk away from a number that big? The short answer is that the standard break-even analysis only measures one variable.  And for retirees with healthy pre-tax savings, there are other factors at play that can make "waiting" a more expensive decision than it looks. In this episode, I'm turning the mic over to Josh Rendler \u2014 a partner at our firm \u2014 who walks through a case study of a 62-year-old woman with a $1.5 million IRA and the question most retirees are wrestling with. Here's what you'll learn: \u2192 The reframe that makes "wait until 70" fall apart for retirees with healthy pre-tax balances \u2192 How Social Security timing and Roth conversions compete for the same bracket space (and why claiming earlier can actually EXPAND your conversion runway) \u2192 The planning window that opens at 61, and what gets harder to fix once it closes The biggest claiming-age check isn't always the biggest after-tax outcome. And a well-built plan shouldn't make you choose between doing the math right and actually enjoying the retirement you spent 35 years earning. *** \ud83d\udcc6 BOOK A CALL WITH OUR TEAM: Your retirement involves complex, interconnected decisions\u2014taxes, income, healthcare, estate planning, investments.  See how they fit together in one coordinated strategy built around your numbers. \ud83d\udc49 Learn More and Book a Call *** EPISODE RESOURCES: \u2192  Grab the Episode Show Notes \u2192 Join the Stay Wealthy Retirement Newsletter \u2192  Learn About the Total Retirement System\u2122 ","author_name":"Stay Wealthy Retirement Podcast","author_url":"https:\/\/www.youstaywealthy.com\/podcast","html":"