Do you know how much your Social Security benefits are expected to be? For many people, Social Security makes up a significant amount of their income in retirement but they don’t factor in how much they expect to receive when they are setting up and executing their financial planning goals. Financial professionals Joe Anderson and Alan Clopine guide you through the strategies that can help you estimate and maximize your benefits. Put their decades of experience to work for you so you can avoid Social Security Letdown and focus on enjoying your retirement.
Important Points:
(01:17) – Social Security Reliance
(02:10) – Avoid Social Security Letdown
- Determine if you qualify
- Understand your benefits
- Smart claiming strategies
- What couples should know
(02:57) – Who is Eligible for Retirement Benefits?
(03:30) – How Much Are Your Social Security Benefits?
(04:27) – Past Earnings Compared to Social Security Benefits
(05:33) – Social Security Estimated Benefits Statement
(08:40) – How to Qualify for Spousal and Survivor Benefits
(12:00) – Early vs Late Claiming
(14:14) – Payoff for Delaying Social Security Benefits
(15:52) – Social Security Benefits – When to Claim
(17:55) – Claiming Your Social Security Benefits
(20:05) – Social Security Strategies
(23:36) – Ask the Experts
(25:26) – Pure Takeaway: Avoid Social Security Letdown
- Who Can Qualify?
- Increased Monthly Benefits for Delaying
- Can Claim at 62 – Try to Wait Until 70
- Special Claiming Strategies for Couples
Joe Anderson, Alan Clopine and Pure Financial are not affiliated with or endorsed by the Social Security Administration or any other government agency. Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors.
