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Navigating the maze of Social Security can be extremely confusing. There are well over 500 different ways that a married couple can file for Social Security, making it definitely not a “one size fits all” plan. A Boston College study estimated that Americans leave close to $10 Billion in Social Security benefits on the table by not taking advantage of correct filing strategies.
When you couple this with the fact that Social Security Administration personnel are not trained or equipped to offer specific planning advice, it makes having a unique and personal plan in place of utmost importance.
By comparing scenarios generated from inputting age, benefit amounts, life expectancy, etc., we can quickly see how different scenarios affect our Social Security income plan in different ways. How and when you take benefits can dramatically impact the amount of money you might receive.
Contact us for a complimentary Social Security analysis to help you plan for your financial future.
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