Create an Income Stream You Cannot Outlive Depending on your time horizon, age, investment sophistication, and investment objectives; an Indexed Annuity might be the right
DPFinancial
January 19, 2016
Create an Income Stream You Cannot Outlive Depending on your time horizon, age, investment sophistication, and investment objectives; an Indexed Annuity might be the right
A saver is someone who does not and usually cannot accept risk. This can be because of age or upbringing. This could because of a
In today’s world kids are geographically dispersed. When the problem arises about mom or dad what is to be done? The job of taking care
Yes, you might get less over your lifetime if you claim later Monthly benefits are set so that lifetime benefits are much the same no
You don’t have to claim when you retire. Retiring and claiming are two different things. So if you have enough savings when you retire, you
You can continue to work after you claim However, Social Security is designed to replace your earnings when you no longer work. So if you
Special Rules that raise the benefits of the lower-earning spouse-most often the wife-generally make claiming later an attractive option for married men. The spousal benefit
The later you claim, the more you get. The monthly benefit you earn as a worker is generally based on when you start to collect
Social Security is especially good for providing a basic retirement income that you and your spouse can rely on. The income it provides is inflation
I will be starting a YouTube Channel in the next week about financial planning. I will be discussing all financial aspects (planning, life insurance, annuities,
There’s no simple answer. But to maintain your standard of living, you won’t need as much as you currently earn. You will pay less tax
The later you claim Social Security, the higher your monthly benefit. As you approach retirement, how long you work and when you claim will usually