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Do These 3 Things to Avoid Having to Live only on Social Security
Maurie Backman notes it’s not unheard of to reach your 60s with no retirement savings. But for those on the cusp of wrapping up their careers, living on Social Security alone could happen, though it’s difficult to do. Backman offers a few suggestions such as getting a part-time job, renting out part of your home, or downsizing to cash in on today’s market. Full piece here.
The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security. This service provides guidance in understanding the complexities of Social Security and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.