Social Security and Your Retirement Financial Plan–Assembling the Pieces
If you are beginning to take a look ay how your retirement years will be financed, congratulations! Many folks, unfortunately, do not take a long-term view on this subject and often find themselves arriving at key decision points unprepared to make the best choices. Clearly, one of the key factors in any retirement plan is determining where and how Social Security benefits fit into the picture, and GoBankingRates’ Andrew Lisa has written a brief overview that can help you. He focuses on the importance of understanding what your benefit is likely to be, the impact of your decision on when to claim your benefit, and the implications of continuing to work after claiming benefits, as well as spousal benefit issues and tax consequences. Check out his post here.