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Your financial advisor is wrong about Social Security: Claiming early at 62 may not be best for you.

Claiming Social Security early is often the WRONG financial strategy. But what if that is what your "financial advisor" has recommended? New research suggests that this advice may actually not be in YOUR best interests, but in the best interest of the advisor. Listen in as we discuss the bias that some financial people have when it comes to guiding people on Social Security. Research paper discussed in this podcast: Biased Advice? THE RELATIONSHIP BETWEEN FINANCIAL PROFESSIONALS’ COMPENSATION AND SOCIAL SECURITY RETIREMENT BENEFIT CLAIMING DECISIONS (Retirement Management Journal. Volume 12, Number 1, 2023) https://papers.ssrn.com/sol3/papers.c... Dolphin Financial Radio is a fun and informative podcast on retirement planning issues. This is not financial advice. Please seek professional guidance before implementing these ideas or strategies: www.dolphinfinancialgroup.com Investment advisory services offered through Dolphin Wealth Management Inc., a Registered Investment Advisor in the state of Florida. Insurance products and services are offered through Dolphin Insurance Inc., Dolphin Wealth Management Inc, and Dolphin Insurance Inc. are affiliated companies doing business as Dolphin Financial Group. For more information on this podcast: https://www.dolphinfinancialgroup.com...