Why Not Claim Social Security at 62?
Retirees have a choice about when to claim their Social Security retirement benefits, but for most people, 62 is the earliest age at which you can start them.
September 10, 2020
Blog Articles
Estate Planning
Working and Collecting Social Security Benefits
For most Americans, Social Security plays an important role in maintaining retirement security. The benefit payments represent an income stream that is free of default, investment, inflation and longevity (outliving your money) risks.
August 17, 2020
Estate Planning
How Does Social Security Benefits Work in My Estate Planning?
Social Security benefits are one of the items that fall through the cracks in many estate plans.
August 10, 2020
Estate Planning
Balancing Retirement Planning with Special Needs Planning
Having a child with special needs can come with all sorts of unique challenges from a financial and estate planning standpoint. Public benefits, for example, can play a huge role in anticipating how much money your child will need down the road in your later years, as well as when you’ve passed away.
August 8, 2020
401(k)
I’m Between 55 and 64, How Do I Boost My Retirement Savings?
If you’re between 55 and 64, you still have time to boost your retirement savings. Whether you plan to retire early, late, or never ever, having an adequate amount of money saved can make all the difference, both financially and psychologically. Your focus should be on building out—or catching up, if necessary.
February 6, 2020
Estate Planning
Preparing for the Inevitable: The Loss of a Spouse
According to the U.S. Census Bureau, the average age of widowhood in the United States is a surprisingly young 59.
January 31, 2020
Estate Planning
If You Plan to Retire This Year, Be Prepared
Many people are looking forward to 2020, simply because it’s the start of a new decade. However, if you plan to retire in 2020, then you clearly have your own set of reasons to get excited for the year ahead.
January 29, 2020
Durable Power of Attorney
Turning 65 in 2020? Some Pointers for a Special Year
Turning 65 is a major milestone for many Americans, as it is the traditional age at which they start thinking seriously about retirement.
January 23, 2020
Estate Planning
How Should Baby Boomers Claim Their Social Security?
Social Security benefits have long been a critical part of Americans’ retirement income plans. After all, the monthly benefits provide a stream of income that is adjusted for inflation annually and can’t be outlived. With the decline of pensions and increasing life spans, Social Security is now playing a larger role in shoring up retirees’ nest eggs.
January 21, 2020
401(k)
How Will My 401(k) Be Taxed When I Retire?
When you withdraw funds from your 401(k)—or ‘take distributions,’ in IRS lingo—you begin to both enjoy the income from this retirement mainstay and face its tax consequences.
January 3, 2020
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