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Show Notes
You can start drawing Social-Security benefits at age 62--four or five years before full retirement age. That sounds pretty sweet to many people--until they realize they’re locking in the smallest possible benefit, which could leave them short of funds if they live to a ripe old age.Webster Phillips, with the advocacy group, the National Committee to Preserve Social Security and Medicare, walks us through it. Check out the NCPSSM Delay and Gain calculator.Then: What’s Maryland doing to help workers who don’t have a savings plan at work?Original airdate: July, 25, 2019.
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