If you’re thinking of taking Social Security in 2024, you should ask yourself these important questions.
Do you know the full retirement age? The longer you wait, the higher your benefit will be. Is it worth it to take benefits early? It depends on if you’re able or willing to continue working in your 60s.
You should also consider whether your benefit amount will cover your expenses. This, of course, also requires you to build a budget that will list all your retirement needs.
Finally, consider how you can supplement your benefits as needed for a fuller and more secure retirement.
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