Are You Really Ready to Start Collecting Social Security? 5 Signs It Might Be the Perfect Time

Contributing sentiments towards policy:

62% : Another good sign that you're ready to claim Social Security is that you have other income sources that, together with your Social Security benefits, will cover all of your retirement needs.
60% : The $23,760 Social Security bonus most retirees completely overlook " One of the most important retirement decisions you'll make is when to claim Social Security benefits.
59% : A big part of knowing when you're ready to claim Social Security is having the desire to retire.
57% : Are you really ready to start collecting Social Security?
56% : You will also already be able to participate in Medicare (its eligibility age is 65).
55% : Perhaps the easiest indication that you're ready to claim Social Security is that you've reached your full retirement age (FRA).
54% : The best approach is to consult with a reputable financial advisor, such as a certified financial planner (CFP), to discuss your retirement plans and determine how much additional income you'll need beyond Social Security during your retirement years.
53% : Not everyone will be ready to claim Social Security when they hit their FRA, though.
49% : The biggest plus of waiting to claim Social Security until your FRA is that you won't incur an early retirement penalty.

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