Financial and retirement planning guidance with Brian Doe of Livingworth Wealth Advisors, based in the Greensboro, Georgia. Serving the lake country and beyond.
Let's take a close look at a recent Social Security quiz that tested the knowledge of pre-retirees on some of the basics and nuances of this important element of retirement planning. Incredibly, 69% of those tested did NOT get a passing grade. Brian will help us work through all 13 questions of the quiz to try to help clear up some of the confusion and to make sure you're not sabotaging your retirement future with bad Social Security decisions.
Read MoreIn part 1 of our series about top retirement mistakes, we're going to tackle the topic of claiming Social Security early. It's tempting to grab that money as soon as it's available to you. But are you really hurting your future financial health by doing so? Is it better to wait to full retirement age or even to 70 years old? Brian will walk us through the debate and show us how Social Security decisions can impact other areas of our financial plans.
Read MoreSocial Security is a topic that many pre-retirees worry about. They fear the benefit will suddenly disappear when they get to retirement, or they will only receive a portion of the benefit that they were expecting. However, there are small changes that can be made over time and we will discuss what can be done on today's episode.
Read MoreThis episode features a neat history lesson about the origins of Social Security, but also gives Brian the chance to analyze some of the current problems surrounding this "entitlement" program. Is it truly an effective way to still eliminate elder poverty? How does it need to fit into a retiree's financial plan? We'll lay out some of the massive changes that have impacted Social Security over the past few decades and how that positions us for the future.
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