Don’t Assume That an Early Retirement Means Starting Social Security Early
Thinking about tapping into your Social Security early? Well, while you will receive a boost to your funds early on, this also means you’ll see a cut in benefits for life. Is that something that you can deal with? Have you taken this cut into account when you came up with how much money you’ll need overall?
So, if you can, find alternative ways of funding your early retirement and don’t tap into your benefits until the last possible minute!