I watch a LOT of videos on Social Security and READ a ton of stuff on the topic as well. I do many videos, podcasts and blogposts on the topic. Thus, I like to think I am very well versed in the area.
However, I don’t hold a candle to Devin Carroll when it comes to what he knows about Social Security. He has made a career of understanding the intricacies. The only other person I can think who probably knows more is Larry Kotlikoff from Boston University.
Folks, it simply does not make sense to claim your Social Security benefit early for the vast, vast majority of people. Filing early is bad in so many ways. I won’t get into these here.
Instead I’ll allow Devin to share with you his 3 stupid reasons in which to file for early benefits.
This is a funny video. Unfortunately, it seems this kind of thinking permeates. And that is not good.