Sentences with phrase «social security retirement benefit strategies»

In a new CNBC series on which I'll be a regular contributor, I offered some «Straight Talk» on Social Security retirement benefit strategies that, while simple, are all too often missed.

Not exact matches

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Married couples need to think about how their Social Security claiming strategy will affect [one another's] benefits and income in retirement.

After all, the age you retire will affect Social Security benefits and how you approach your retirement savings strategy.

While not everyone can benefit from this strategy, it can be an effective method of ensuring that you get the maximum out of your social security benefits to help you fund your retirement.

Ultimately, understanding the role of your Social Security benefit in your retirement income strategy can help you to prepare for what lies ahead.

As we pointed out in our post last week, a withdrawal rate strategy should respond to market factors like equity valuations and bond yields as well as personal factors like age, retirement horizon, and expectations about pension and Social Security benefits.

Found buried on the 150th page of the 214 page, $ 3.9 trillion budget, was this key sentence: «In addition, the budget proposes to eliminate aggressive Social Security - claiming strategies, which allow upper - income beneficiaries to manipulate the timing of collection of Social Security benefits in order to maximize delayed retirement credits.»

The only comprehensive retirement training organization in the financial services industry focused exclusively on educating professionals on the nuances of Social Security retirement planning, the organization creates and provides a training course on Social Security retirement benefits and claiming strategies and provides advisors with the opportunity, for those inclined to do so, to sit for a comprehensive exam that if completed successfully will provide them with the Certified in Social Security Claiming Strategies destrategies and provides advisors with the opportunity, for those inclined to do so, to sit for a comprehensive exam that if completed successfully will provide them with the Certified in Social Security Claiming Strategies deStrategies designation.

In 2013, the Corporation for Social Security Claiming Strategies was formed and one year later, A Comprehensive Guide to Social Security Retirement Benefits and Social Security Claiming Strategies was launched endeavoring to provide advisors with the knowledge necessary to advise clients on the intricacies of the Social Security system and teach them to utilize that information as the foundation for retirement income plans sustainable throughout their client's lifetime and beyond.

To do that, you'll want to go through a rigorous retirement - income planning process that starts with thinking seriously about how you'll live in retirement and then moves on to such tasks as making a retirement budget; assessing different strategies for claiming Social Security benefits; considering whether you want more guaranteed income than Social Security alone offers (which is where an annuity might play a role); and, settling on a withdrawal rate that has a reasonable shot at making your savings last as long as you do.

To find out, you need to know your full Social Security retirement age — a crucial piece of information, especially if you're married and trying to figure out the best strategy for claiming benefits.

The «claim now, claim more later» strategy outlined in a new study by the Center for Retirement Research at Boston College is based on the fact that married individuals are entitled to either a Social Security benefit based on their own earnings or to a spousal benefit equal to one - half of their spouse's full retirement benefit.

Even people decades away from retirement should pay close attention to how Congress just ended two lucrative ways of taking Social Security benefits, known jointly as the «claim now, claim more later» strategy.

Consult with your financial professional to learn how different Social Security claiming strategies could impact your retirement plan and figure out the optimal time to start collecting benefits.

Funding Your Retirement - Planning Strategies See what experts have to say about sources of income, social security benefits, working in retirement, and reverse mortgages.

Consequently, you should not determine your strategy for Social Security benefits in isolation — instead, you should strive to maximize your total retirement income.

For many married couples today, Social Security still makes up a significant part of any retirement strategy, and now same - sex married couples can also include these benefits in their financial planning.