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Social Security Made Simple | Mike Piper | 054

Catching Up to FI

CHAPTER

Maximizing Retirement Income: Social Security vs. SPIAs

This chapter explores the differences between Social Security benefits and single premium immediate annuities (SPIAs), discussing their respective payout structures and government backing. It emphasizes strategic timing for Social Security claims and addresses common concerns around annuities, highlighting their role in ensuring a stable retirement income.

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