In this post I’ll summarize the key variables that go into Social Security and identify ways to maximize benefits for both individuals and couples. It is important to point out that the best decision can vary based on life expectancy and existing medical and financial conditions. For these, it is a good idea to get […] Read the full article…
Consider two phases of wealth management: the accumulation phase and the distribution phase. In the accumulation phase the top concern is to grow retirement assets to meet future income needs. In this phase, income from employment provides for both current spending and retirement investing. Investment decisions focus on building a high confidence plan that ensures […] Read the full article…
The Trustees of the Social Security and Medicare trust funds released their annual report today. The report covers the next 75 years with projections running through 2090. A summary of key findings: • Social Security’s costs exceed income (excluding interest) throughout the entire period, as it has since 2010. • Interest income and redemption of […] Read the full article…