Can Annuity Income Delay Social Security Claiming?
Retire For Less With The Annuity Expert por Shawn Plummer
Notas del episodio
Are you trying to retire early at 62, but want to delay claiming your Social Security until age 70 so you can lock in the absolute highest monthly payout? How do you survive the 8-year income gap without draining your life savings? 🛑💸
In this video, Shawn Plummer from The Annuity Expert answers how an annuity can perfectly bridge this gap! Shawn explains a brilliant, under-the-radar strategy using an "Advanced Payout" annuity. Unlike a standard level payout that gives you a flat percentage for life, an Advanced Payout gives you a massively higher income (like 10% or 11%) for the first 10 years. This massive upfront income pays your bills while you safely delay Social Security. In year 11, the annuity payout drops by half—but that is exactly when your maxed-out, age-70 Social Security checks kick in to replace it! Shawn also explains how t ...