In This Video:

Social Security is a key part of maximizing your retirement story. The decisions you make about when and how to claim it can have a big impact on how much you keep versus how much goes to the IRS.

Things to Consider:

In today’s show, we’ll break down 3 common Social Security tax mistakes- some of which could cost you big- and how to avoid them.

Then, we’ll take a look at our retirement chart of the week, and analyze today’s turbulent markets. Should you jump ship and chase the best performing asset class, or stay the course? To wrap up today’s discussion, we’ll tackle a listener question from Ted about buying a vacation home in retirement. He asks how Scott would advise funding this second property. Stay tuned to see what you can learn today!

Here’s some of what we discuss in this episode:

0:00 – What’s coming up

1:51 – Mistake 1: Believing Social Security Is Tax-Free

3:20 – Mistake 2: Not Planning For Medicare Impacts

4:12 – Mistake 3: Timing Social Security with Roth Conversions

7:12 – Retirement Chart Of The Week

9:49 – Diversification In Investing

10:30 – Listener Question

Periodic Table of Investment Returns

https://www.callan.com/periodic-table/

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Get Your Free Guide to Social Security Benefits: http://maxretirementshow.com/socialsecurity

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