WHY ARE YOU VOLUNTARILY GIVING UP YOUR SOCIAL SECURITY BENEFITS?


The age at which an individual chooses to start their Social Security benefits can arguably be the most important consideration in their ability to maintain financial stability throughout retirement. Longevity should factor into the decision as well as medical and financial issues. Social Security was never intended to be a retirement plan. It was meant to be insurance against living too long.

When first started, Social Security had 42 workers contributing to every one person taking money out. Today the ratio has slipped precipitously - 3 contributing to 1 distributing.

Even more disturbing is the obliviousness of the beneficiary that taxes are eroding their benefit. If you follow typical financial planning and you diversify well enough, you will have enough 1099’s where you will voluntarily be giving back over $300,000 of your Social Security income.

We can help you with your claiming/income strategy at no cost to you. This invaluable tool will give you insights into what is possible with Social Security and makes a complex program understandable. Go to the Contact page and either email or call us to get started with your personal claiming/income strategy.