Aug 3, 2021
The good side. Social security recipients have shortchanged by fake inflation numbers. They’ll probably get a 5% increase or more for next year. In most recessions we have supply chain issues. This has resulted in higher prices. The actual numbers are probably running ahead of that. The supply chain issues are starting to get resolved and prices will come back down. Mark believes it will be a short-term blip.
When to take social security? It’s situational dependent. Your health, your financial situation and your history. Most people take it too early. It depends on your family situation. There are over 500 different scenarios dealing with Social Security benefits. You need an expert like mark to unravel the mystery.