We’re thrilled to share that our Senior Wealth Advisor, Christine M. Parisi, was recently featured in a Yahoo Finance article (syndicated via GOBankingRates) by journalist G. Brian Davis, titled “5 Major Social Security Mistakes Boomers Can’t Stop Making.”
In an insightful discussion about common mistakes retirees make with Social Security, Christine brought a powerful message to the conversation:
“Filing early means locking in a permanent reduction in benefits, up to 30% if your full retirement age is 67.”
She went on to explain the significant impact of premature filing:
“If you take benefits at age 62, you receive just 70% of your full retirement benefit. At 67, you collect 100%. Wait until 70, and you receive 124% of your full Social Security benefit.”
These clear, compelling insights underscore the critical value of strategic timing when claiming Social Security, a key area where personalized financial planning can make a real difference.
Christine’s contribution highlights the significant financial impact of claiming Social Security benefits too early — potentially resulting in a permanent reduction of up to 30% in lifetime income. Her message serves as an important reminder that even a few additional years of delay can meaningfully increase long-term benefits. This insight reflects our firm’s philosophy of delivering client-first, fiduciary advice that empowers individuals to make informed decisions and optimize their retirement outcomes.
We’re proud of Christine for contributing her expertise to such an important national conversation on retirement planning. Her thoughtful insights reflect the care and precision she brings to every client relationship.
Click here to view the full article.
For personalized advice or questions on social security strategies, please contact our team of CERTIFIED FINANCIAL PLANNERTM (CFP®) professionals for a complimentary discovery call at 631.218.0077, or click here. We would be happy to show you how our financial planning process can help you stay on track and achieve your financial goals. You can also send us a message directly.
R.W. Rogé & Company, Inc. is an independent, fee-only financial planning and investment management firm serving clients locally and virtually across the country, with Long Island, New York, and Beverly, Massachusetts office locations. R.W. Rogé & Company, Inc. was founded on a “client first” culture and proudly commits to acting in your best interest as a fiduciary. We have helped clients Plan, Achieve, and Live® the life they want since 1986. To learn more about how we do this, as well as our process, explore our detailed overview of services and approach.
