The Quest for Lifetime Income: Will the Bridge Strategy Weather the Approaching Storm of Social Security Reform?

In past research, we concluded that we believe the Social Security bridge strategy was one of the best strategies for retirees to maximize their annual income during retirement. The bridge strategy is undertaken when a participant delays taking Social Security until the maximum claim age, while taking larger withdrawals to fund their retirement expenses in the interim. With the Social Security administration projecting that the Old-Age and Survivors Insurance Trust Fund will be depleted in 2034, we evaluate in this whitepaper whether the bridge strategy will still be as effective if Social Security is reformed.

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