Why Wealthy Couples Are Spending the 401(k) at 63 and Letting Social Security Grow to $5,100 a Month at 70

The article argues that high-net-worth couples may be advised to spend down a seven-figure retirement account before claiming Social Security, despite it sounding counterintuitive. The rationale is tied to how the tax code treats withdrawals and Social Security benefits, implying the strategy can reduce overall tax drag. Overall, the piece is commentary on tax-efficient planning rather than a market-moving corporate or macro event.