Advisors often treat delaying social security as long as possible to achieve a higher payout as a no-brainer. Increased benefit for life must be more valuable than an extra few years up front, right?
In this Tuning Tips video, Phil digs into why delaying Social Security may not be the best option when using a time-segmented approach to retirement income. See him demonstrate how to quickly model different claiming scenarios in the IncomeConductor plan editor.