Retiring Soon? Here’s What You Should Know - GoBankingRates

We can always count on Suze Orman to offer sound financial advice, and she certainly delivers in this GoBankingRates article. Suze tees up an excellent perspective on what to consider as you contemplate your retirement future and where and how Social Security fits into it. Some of those important points:

  • even if SS reserves run dry, you’ll still get at least 75% of your normal benefit;
  • Congress has previously fixed a similar Social Security financial issue, and there’s no reason to believe they won’t do so again;
  • delaying your claim for Social Security benefits has a significant positive effect on how much you’ll get.

All these things, and more, are discussed in this GoBankingRates article by Suze Orman. Also, if you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security, note that the AMAC Foundation provides a free-to-the-public advisory service to help Americans navigate the complexities of this program. All questions are answered quickly, at no charge. Learn more about it here…

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