Hi Larry, Jerry, and Mike,

Thank you for responding to a question last year about the best time for me to take social security.

I am almost 69 (March) and I am barely making enough income with my current freelance clients to meet my expenses, but had decided to try to put off taking Social Security until 70 years old in order to get the maximum amount. However, since Mr Trump will be our next President, I am wondering if you would change your advice as to holding off as long as possible...or if perhaps it would be better to take my social security now? Or even take it going back 6 months and get less, in order to at least get something before things change 'bigly.'

I realize this is a difficult question, and you don't have a crystal ball, but I'm sure it's on a lot of people's minds, and would appreciate your thoughts on this. You would have my eternal gratitude, along with my promise not to hold you responsible for your response!

Regards,
Jane

Hi Jane,

I can't advise you what to do, but I'd be shocked if Congress took any action to change the Social Security laws in any manner that would justify changing your plans. The President can't change Social Security laws without an act of Congress, and I can't imagine them changing the rules for people like you who are already past full retirement age. A change such as that would be unprecedented in the 80+ year history of Social Security. As you say, though, I have no crystal ball, so you must use your own judgment.

Best, Jerry