With the demise of guaranteed pensions, and in light of the risks you face in managing your own retirement assets, maximizing Social Security becomes a critical part of retirement planning.
With more people learning about file-and-suspend and claim-nowclaim-more-later strategies, mistakes are being made – like trying to do certain things before full retirement age.
What if you or your spouse lives to a very ripe old age – to 90, 95,or even 100? The key to having enough income in your old age is tomaximize the higher-earning spouse’s benefit.
Continued earnings could increase your Social Security benefitdepending on your situation. One thing is for sure: working part-timeat reduced pay will never cause your benefit to go down.
Wondering how to maximize your Social Security benefits? It’s not asdifficult as you may believe.
Most people tend to underestimate their life expectancy. But thinkingyou might live to a very old age might lead to better planning decisions.