The Biggest Mistake People Make in Their 60s (That Affects the Rest of Retirement)
Confused by Social Security?
The biggest financial mistake people make in their 60s is simple: They file Social Security without running the math. This one decision shapes income, taxes, and survivor benefits forever.
1. It Is the Only Retirement Decision You Cannot Undo After 12 Months
You can change investments, but you cannot reverse an early Social Security filing.
2. It Affects Your Spouse for Life
Even if your spouse outlives you by 20 years.
Before you file, run the numbers.
We’ll calculate the strategy that protects your family and income.
3. Filing Strategy Outperforms Most Investment Tweaks
Delaying to 70 is often equal to a risk-free 8% return and better tax positioning. It’s the highest-impact decision in retirement planning.
About Author
Ray R. Harris
Ray R. Harris, RSSA®, partners with tax and legal professionals to provide specialized Social Security claiming analysis for high-net-worth clients aged 58–70. A former executive with an MBA and background in Finance, Ray mitigates liability for his partners by ensuring their clients optimize spousal benefits, tax efficiency, and lifetime income.
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