Episode #192: Increasing Your Social Security Benefit by Leveraging an Annuity


 

Many people apply for social security benefits during the first year they become eligible to receive them. According to the Social Security Administration, 57% of recipients take their benefits before reaching the full retirement age. Yet those who wait longer to apply for benefits can receive significantly more from social security.

In this episode of Money Script Monday, Sal demonstrates how to potentially increase your social security benefit by delaying withdrawal and supplementing retirement income with an annuity.

Resources Provided for This Episode


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About Sal Mendoza

Sal Mendoza is the Vice President of Field Support at LifePro. He coaches hundreds of financial professionals on how to build effective financial strategies that achieve their clients' long term goals and helps them stay educated on the latest industry trends.

Disclaimer

This information is meant for educational purposes only.

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