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GIVING YOU THE FINANCIAL TOOLS YOU NEED
My name is Dale Payne and I am an independent Financial Professional in Colorado Springs. I've worked as a Financial Professional since 1986 and as a licensed insurance agent since 1990. With my 28 years of experience, I've found that the people that succeed are the ones who planned for retirement. My objective is to help you achieve your goal of financial freedom. My practice is limited to the proper positioning of life, annuities, long-term care coverage and long-term care hybrids.
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 have two options. – Start collecting right away. That’s what most people do. – Delay and, while you wait, use a portion of your savings to live on. This option […]
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 start to collect benefits and continue work before you reach your Full Retirement Age, some of your benefits might be withheld. Before the Full Retirement Age, Social Security withholds… […]
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 If both husband and wife have claimed benefits, each is guaranteed half what the other would get at the Full Retirement Age (whih used to be 65, is now 66, […]
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 and the average of the highest 35 years of earnings on which you’ve paid Social Security payroll tax. 75% […]