When planning for retirement, it is important to figure out what income you will need and where that income will come from once you leave the workforce. For most American retirees, Social Security benefits will provide an important source of income in retirement, but many people aren’t sure when they should start taking the benefits.
The answer to this question will depend on your individual situation and your immediate and long-term financial needs.
-Social Security and Income Taxes
-What is the Best Age?
As you get closer to retirement, you may find yourself doubting your current plan and asking yourself more and more questions. With over 25 years of insurance and financial experience, Andrea’s professionalism and experience generates a thorough evaluation and proper solutions for your retirement needs, and can help alleviate any uncertainties you may have about your current retirement plan.
To learn more about a personalized Medicare review, how to optimize your Social Security and how to avoid longevity risk, please complete the “contact me” form to schedule a meeting or phone call.
Most People Leave Money on the Table
Very few people get all the Social Security they deserve.
The average household is losing $111,000 in potential income.
Social Security gives you one chance to get it right – forever.
Maximize Your Benefits
Discover important information for your situation.
If you are married, you may be able to collect up to one-half of your spouse’s Social Security benefit. This won’t affect your spouse’s checks. Ask an RSSA® for details.
If you are divorced and 62 or older, you may qualify to receive Social Security benefits from your ex-spouse — in addition to your own Social Security payments. Ask an RSSA® for details.
If your spouse has passed away, you may be eligible for a survivor benefit. The extra money may be essential for you. Ask an RSSA® for details.
If you are single, and solely responsible for your retirement, making the optimal Social Security claiming decision is particularly important. Ask an RSSA® about your options.
As a self-employed person, you may be able to decrease your payroll taxes — yet still receive the maximum income from Social Security. Ask an RSSA® for details.
Social Security can provide valuable disability benefits if you qualify, but these benefits — and how you qualify for them — are often misunderstood. Ask an RSSA® for details.