Crunching the numbers of early versus delaying Social Security 

You can start receiving your Social Security retirement benefits as early as age 62. If you start receiving benefits early, your benefits will be permanently reduced. However, you are entitled to full benefits only when you start at your full…

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The biggest retirement blind spots

Retirement saving plans are not one size that fits all. Your retirement plan, which encompasses both savings and spending, must meet both your financial needs and your personal needs. Many people understand the savings part of the retirement planning equation,…

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Consider this new Social Security change as a necessary evil

With a new year comes changes. The majority of Social Security recipients are now aware of their new monthly benefit; if not, you will soon. The new amount is due to the 2.8 percent cost-of-living adjustment, COLA, along with the…

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This year’s federal tax filing, are you ready?

It is that time of the year again, when we start gathering all our documentation to file our Federal income taxes. This year, the conversation around taxes on Social Security benefits will be impactful to all seniors. It’s well understood…

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Root Cause Analysis: The SS Trust Fund Shortfall

As we have heralded on this website for years, the Social Security Trust Funds are facing a financial crisis in about the year 2033. That is the point, on current course, that the Trust Funds will be fully depleted, necessitating…

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“Ask Rusty – About Claiming Social Security Early and Investing It”

Dear Rusty:  I am a 63-year-old single lady, and I have questions regarding Social Security “early retirement,” though I will still be working full time.  I know there is a maximum allowable income limit and, if I exceed that, I…

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