In this episode, James discusses one of the biggest questions about retirement: when should you collect Social Security? There are many opinions about this topic which is why it’s important to understand Social Security and your personal financial situation to make a well-informed decision. James tells listeners six things to take into consideration to decide when to collect Social Security. The six considerations are your income needs, whether or not you’ll work part-time during retirement, your risk tolerance, your taxes, your life expectancy, and, if you’re married, your spouse.James guides listeners through each consideration and discusses topics like earning limits on Social Security, how Social Security is taxed, and what you can do to maximize your after-tax income. And, while no one can perfectly predict life expectancy, James also covers how your estimated life expectancy influences when you start collecting Social Security and how your children and spouse play into the decision.Create Your Custom Strategy ⬇️ Get Started Here.