Are you nearing retirement and wondering when to start claiming Social Security? In this episode, Kyle and Kolin dive deep into one of the most crucial financial decisions you'll make in retirement. They discuss:

Timing Your Claim: When is the best time to start claiming Social Security benefits? Should you take it early, at full retirement age, or delay for maximum benefits?
Impact of Other Factors: How do your cash needs, life expectancy, marital status, and employment status affect your decision?
Tax Implications: Understand how Social Security benefits are taxed and strategies to minimize your tax burden.
Strategic Planning: Learn about integrating Social Security with other retirement income sources, including IRAs, 401(k)s, and pensions, to optimize your overall financial plan.

Whether you're just two years out from retirement or planning for the future, this episode will provide valuable insights to help you make an informed decision about your Social Security benefits. Don’t miss out on these essential strategies to ensure you maximize your retirement income!

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Disclosure: You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. This podcast is intended for educational purposes only. Nothing in this podcast constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. MOKAN Wealth Management is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.