How TIPS Bridges Can Maximize Social Security Benefits

How TIPS Bridges Can Maximize Social Security Benefits

Like a bridge over troubled waters.  Advisors with retiree clients probably know the basics of bridge strategies: In simple terms, they use other assets or income sources to cover living expenses while delaying Social Security. The core idea is straightforward: Monthly benefits increase 8% each year through age 70, making bridging a powerful way to increase guaranteed lifetime income. The hard part is actually building that bridge. Does one simp…