Social Security guru Mary Beth Franklin discusses the program’s financial challenges and outlook, plus individual strategies to maximize its benefits.
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MARY BETH FRANKLIN
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Mary Beth Franklin’s public television special “Social Security & You” (Requires subscription.)
ACTION POINT
DELAY CLAIMING SOCIAL SECURITY BENEFITS FOR AS LONG AS POSSIBLE
- Required to claim benefits by 70
- Every year you wait from full retirement age until 70 you gain
an extra 8% a year in income - Increased income lasts for rest of your life
- Social Security’s annual cost of living increases added to the base amount
BOOKSHELF
Download the 2023 version of Mary Beth Franklin’s ebook Maximizing Social Security Retirement Benefits for $29.95
ONE INVESTMENT
FRANKLIN: HOLISTIC RETIREMENT INCOME
- Some of your retirement income should be guaranteed or predictable
- Social Security is guaranteed income for the rest of your life
- Invest time to maximizing your Social Security benefits
FROM THE WEALTHTRACK ARCHIVES
Mary Beth Franklin’s previous appearances on WEALTHTRACK
WEB EXTRA
RETIREMENT PLANNING PIVOT
Retirement expert Mary Beth Franklin learned an important lesson as she entered her first phase of retirement.
