 If you are approaching retirement, you’re likely facing a number of big questions. How will you spend your newfound free time? What kind of budget will you have? Will you downsize or stay in your home?
One of the biggest questions may be when to file for Social Security. While many people decide to file for their benefits as soon as possible, that’s not always the best strategy. By delaying your filing, you could reap some important benefits. The parades up Pennsylvania Avenue have ended and the champagne bubbles have burst in ernest celebration over the nation’s capital after one of the wildest election cycles in United States history. Yes, the parade of pundits & prognosticators in the financial press spouting off predictions for the year ahead is about over too. Once again as a new Populist Camelot emerges in D.C., the Madison Ave and Wall Street Wizards are telling us in the Money Magazines of the world that if we just buy and hold through any financial crisis, our children and legacies will be taken care of. In fact, Money Magazine itself in the January issue, serves up the theory or myth of “buy and hold” again as one of it’s top tips as it has after every correction or bull market. The lesson, this beneficial magazine misses always is how much buy and hold’s success depends upon family health & age, depth of desperation, and the extent of the bear market decline. In another words, the four words to run far and fast from are “this time it’s different”.
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Advisory services offered through MasterPlan Retirement Consultants, Inc., a Registered Investment Advisor in the state of Georgia. Insurance services offered through Fricks and Associates, Inc. dba MasterPlan Retirement Consultants. Tax services offered through MasterPlan Tax Services, Inc. The aforementioned are affiliated companies. This material has been provided for informational and educational purposes only and is not endorsed or affiliated with the Social Security Administration or any government agency.
Licensed Insurance Professional. Respond and learn how insurance and annuities can positively impact your retirement. This material has been provided by a licensed insurance professional for informational and educational purposes only and is not endorsed or affiliated with the Social Security Administration or any government agency. It is not intended to provide, and should not be relied upon for, accounting, legal, tax or investment advice.
Guarantees provided by annuities are subject to the financial strength of the issuing insurance company; not guaranteed by any bank or the FDIC.
17179 - 2017/12/5
Licensed Insurance Professional. Respond and learn how insurance and annuities can positively impact your retirement. This material has been provided by a licensed insurance professional for informational and educational purposes only and is not endorsed or affiliated with the Social Security Administration or any government agency. It is not intended to provide, and should not be relied upon for, accounting, legal, tax or investment advice.
Guarantees provided by annuities are subject to the financial strength of the issuing insurance company; not guaranteed by any bank or the FDIC.
17179 - 2017/12/5