Baby boomers misconceptions about Social Security could be leaving money on the table. More and more boomers aren’t planning on having any money to leave to their heirs. Plus, what effect the presidential election could have on the stock market.
1:42 “We’ll talk a little about the taxation or tax trap when it comes to Social Security”
8:27 “Another strategy that people can still do is suspend their benefits”
14:36 “You have to look at what other income sources are going to come to you on top of your Social Security benefit”
17:51 “Everyone talks about gross returns but it’s your net after-tax returns that goes into your pocket”
27:53 “Baby boomers are less confident than ever that they will have enough money for a secure and comfortable retirement” [Source: Insured Retirement Institute]
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