Infographic: Average Social Security Retirement Benefit Age 65 and Older

As Advisors, we understand that getting the Social Security claiming decision right could mean $100,000 or more in additional retirement income. That is why we use patented software that is consistently top-ranked for features, functionality, and ease of use. 

One of the main questions we get asked surrounding Social Security is: “How can I maximize my benefits.”  Here are five tips to help you do just that: 

  1.  Improve your earnings record
  2. Delay the start of benefits
  3. Take advantage of spousal and survivor benefits
  4. Minimize taxes on benefits 
  5.  Coordinate Social Security with an overall retirement income plan

Once you learn a little bit about Social Security and retirement income planning, the floodgates open with more questions. When should I apply? What if I want to keep working? What if I’ve already applied and now regret the decision? How much will my benefit be? How can I coordinate spousal benefits? What’s the best long-term strategy for my situation? What do I do next? As you encounter these questions, we would be happy to assist you in answering them.

If you have questions about your specific situation, feel free to schedule a time on our calendar for a Social Security strategy call.

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