Social Security optimization

New Services Help Boomers Max Out Social Security

 Excerpt:

It is no surprise that as the baby boom approaches its Social Security years, it is turning the decision about when to start collecting benefits from an automatic move into a major planning and research opportunity.

Having intensively looked into car seats and college admissions for their kids and tried to map out careers and 401(k) plans, boomers now will focus attention on squeezing Social Security for all it is worth.

"Baby boomers are the first generation that isn't going to put up with crappy advice," says William Meyer, chief executive officer of Social Security Solutions Inc , one of a number of new companies selling Social Security strategic planning to future recipients. "They are the generation that demands more."

Comment: Websites listed:

• Social Security Solutions
• Social Security Choices
• AARP SOCIAL SECURITY BENEFITS CALCULATOR

Here's the key:

... optimize Social Security by not filing for it until you are 70.

To do that one must either keep working or have other assets.