When Should Clients Claim Social Security? 8 Things to Consider

A key retirement issue for most of your clients is when they should claim their Social Security benefits. While eligibility begins at age 62, this isn't necessarily the right time to claim benefits. Helping them to decide when to claim their benefit is a vital part of the overall financial and retirement planning support that you provide to these clients. Like many of the financial decisions you help your clients make, there is generally no single right answer. The claiming decision is about running various sets of numbers, looking at the client's personal and health situation and making some reasonable assumptions. Here are eight considerations to help clients decide when to claim their Social Security benefits.