Timing of Social Security collection requires strategy, expert says

11/13/2011 | InvestmentNews (free registration)

Financial advisers need to brush up on Social Security details that may affect their clients' overall financial picture, including when they should start collecting benefits, said James Robinson of Principal Financial Group. Among the things to consider: Delaying benefits past age 62 could increase income by 7% to 8%, but clients with a family histories of shorter life spans might not want to delay, he said.

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