My Smart Retirement

We all go through chapters in life, especially as we approach and enter retirement. On today’s episode, we are going to discuss some age-related questions many pre-retirees and retirees have. Which ages are most important when it comes to your retirement plan? Peg and Paul have already started Social Security, but regulations ended up changing their original Social Security strategy. So, Peg started taking this benefit at 62, which made for a reduced benefit. She ended up taking this lower benefit for the rest of her life despite this not being their original plan.  A lot of these regulatory changes don’t get reported on and this couple was doing their planning on their own. What they had set in place accidentally became set in stone. That’s why we encourage planning early and with an advisor that can keep track of regulatory changes for you.  Larry’s been working for the same company for 32 years. He wants to retire but is not 59 ½ yet, the age you must be to take out money from your retirement accounts. Is