Summary
In this episode of Financially Fluid, Ray Godleski and Cindi Walters delve into the complexities of Social Security benefits, discussing eligibility, calculation methods, and real-life scenarios through a Q&A format. They emphasize the importance of personalized strategies for claiming benefits and address common misconceptions. The conversation also touches on the implications of taxes on Social Security income and the potential for spousal benefits. The episode concludes with a trivia segment, reinforcing the engaging and informative nature of the discussion.

Takeaways
How to calculate social security benefits
Social Security benefits are unique to each individual's situation.
Eligibility requires 10 years of work contributing to Social Security.
Benefits are calculated based on the top 35 earning years.
Social Security income can be taxed even in retirement.
Spousal benefits can significantly increase monthly income.
Filing for benefits can be retroactive up to six months.
It's crucial to understand the earnings test when claiming early.
Advisors can provide tailored advice on Social Security strategies.
Changes to filed claims can be made within 12 months.
Ex-spouses can claim benefits based on their former partner's record.