The Bridge Strategy That Turns A $200,000 Portfolio Into A Bigger Check For Life
Spending your savings first and claiming Social Security last feels backward, but for retirees in good health it can turn a mid-sized portfolio into a bigger, inflation-protected check that lasts for life.
Some retirees spend their savings first instead of taking Social Security right away, which lets their Social Security payment grow bigger over time. This strategy can work well for healthy people who have enough money to wait, so it's worth understanding how different timing choices affect your lifetime income.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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