How TIPS Bridges Can Maximize Social Security Benefits The strategy of "bridging" has become a staple in retirement planning.
This approach involves using non Social Security income to cover living expenses while delaying benefits until age 70, when monthly payments increase by 8% per year.
By doing so, retirees can significantly boost their guaranteed lifetime income. At its core, bridging relies on the savvy use of Treasury Inflation Protected Securities (TIPS) and other financial tools.