Getting the Most Out of Your Money in Retirement
Retirement means taking on a lot of changes, and with these changes come a plethora of important decisions which will dictate how the rest of your life will go. Among the most important decisions are those on finances and Social Security. For most people in retirement, Social Security benefits make up 50% of their income, so timing of starting your benefits is key to the amount you will receive. But another consideration is how your decision to start benefits will impact your taxable income. For more information visit this article by Jim Sandager with The Des Moines Register.