Phil Gibson CFP®, Vice President and Financial Advisor at Wealth Enhancement Group was featured by GoBankingRates in “3 Ways Raising the Retirement Age Could Derail Your Financial Plan - and What to Do About It.”

“If your full retirement age is 67, claiming Social Security at age 62 will result in a permanent 30% reduction in benefits. If the full retirement age were pushed to 70, claiming benefits at age 62 would lead to a permanent reduction that surpasses the current 30% mark.”

For more insight, access the full article authored by Gabrielle Olya here.