Keep in mind that claiming Social Security benefits before FRA results in a permanent reduction in the benefit amount, whether you are claiming spousal benefits or your own.
It’s wise to use an adviser whose primary focus is on strategies that maximize the retirement experience.
It’s just as important to diversify how funds are saved as it is to diversify how they are invested.
Do not spend money that has been accumulated for financial independence. Invading long-term savings extends the time it will take to achieve a goal.
Time is the most important word in our investment vocabulary. If financial independence is the goal, starting today beats waiting until tomorrow.
Take small steps, make prudent choices year after year, and watch your savings and investments grow.
Are you ready for retirement?
The “I” phase of an A·G·I·L·E retirement is considered a crucial time to fine-tune your transition into financial independence.
Before you decide when to begin drawing Social Security benefits, you should evaluate a number of factors, including life expectancy and the financial challenges that face the Social Security system.
By creating an online Social Security account, you can review your annual statement, take a closer look at your earnings record, and verify that your tax payments are being credited correctly.
By accessing your Social Security records online, you can verify that your benefit information is correct, update information, and receive information on estimated benefits based on your anticipated retirement date.
Learn how to make the final year before retirement worry-free by addressing key concerns, from budgeting to benefits.
It’s never too early to start planning for retirement. By setting a strategy— and sticking to it—you can help achieve your goal of financial independence sooner.
Use these tips and strategies about spending, saving, and asset allocation to reach your retirement goals.
Social Security gives workers the option to take benefits anytime between the ages of 62 and 70, and it offers some incentives to those who are willing to wait. Waiting…
Managing an investment portfolio efficiently requires knowledge of income taxes and your tax bracket specifically.
If you are over your full retirement age, you have the option to back-date your application up to six months. This is almost never the best strategy.
What happens when the paychecks stop, and retirement begins? It is one of the most pressing questions we hear from people approaching retirement.
Retirees drawing Social Security benefits received a 2.8 percent cost of living adjustment (COLA) in 2019. This is the largest COLA increase since 2011.
Social Security benefits are an important part of nearly everyone’s retirement plan. Many people think of Social Security benefits as a supplement to their income when they retire.