Retirement — SS or IRA first
Would it be better at this time to take from our IRA than to apply for social security?
Terry Says
I always recommend you wait until full retirement age (likely 66+) to take your Social Security benefits. Taking it early is like losing out on an 8 percent gain a year — and it sets the basis for future cost-of-living increases. But delaying withdrawals from your IRA is also important. Could you consider working longer? That’s the best solution!
