Early SS

By Terry Savage on June 25, 2025 | Social Security

Hi Terry,
Listen to you all the time on WGN. Why are you telling people to NOT take early SS when tonight on 60 Minutes you said SS funds will dwindle by 2035? You’re beautiful, btw. 😊

Terry Says

Well, you made me smile first thing in the morning! My advice is based on the numbers, and on the firm belief that Congress won’t let SS run out of money — just too many voters!!
Read this article. SS is your ONLY inflation-indexed payment, so it makes sense to have the highest base check possible, which you get at 70, if you can afford to wait.

If you want the latest update on that thinking, take the time to read Larry Kotlikoff’s explanation of why it still makes sense to wait!

https://larrykotlikoff.substack.com/p/social-securitys-trustees-report?utm_source=%2Fsearch%2Fkotlikoff&utm_medium=reader2

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