Our session will be
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Personalized
Our initial retirement sessions will be dedicated to assessing your current financial status and creating a personalized plan to fit your unique retirement needs and goals
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Targeted
Everyone faces challenges when it comes to achieving their retirement goals. I'll work closely with you to help identify and overcome these challenges
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Integrative
Since achieving retirement success is more than just financial planning, I'll be guiding you toward other helpful practices, such as strategic financial decisions, investment strategies, and more.
BOOK YOUR FREE CONSULTATION.
Comprehensive wellness assessment
Unlimited guidance and support
Helpful tools, tips, and tricks for navigating your unique obstacles
All consultations and meetings are free of charge
FAQs
When should I start taking my Social Security benefits?
The optimal age to start taking Social Security benefits depends on your individual circumstances. You can start as early as age 62 or delay until as late as age 70. The longer you wait, the higher your monthly benefits will be. It's essential to consider factors like your health, financial needs, and life expectancy when making this decision.
What is the Full Retirement Age (FRA) for Social Security?
The Full Retirement Age (FRA) is the age at which you can receive full Social Security benefits. It varies depending on your birth year. For those born in 1960 or later, the FRA is 67. For earlier birth years, it gradually decreases.
Can I work while receiving Social Security benefits?
Yes, you can work while receiving Social Security benefits. However, if you start collecting benefits before reaching your FRA and earn over a certain limit, a portion of your benefits may be withheld. After reaching your FRA, there are no earning limits
What is the role of Medicare in retirement planning?
Medicare is a federal health insurance program available to individuals aged 65 and older. It plays a vital role in retirement planning by providing health coverage. It's important to understand the various parts of Medicare (A, B, C, and D) and how they work to ensure you have adequate healthcare coverage in retirement.
What steps should I take to create a retirement plan?
Creating a retirement plan involves assessing your current financial situation, setting clear retirement goals, determining your retirement income sources, optimizing Social Security benefits, creating a budget, and regularly reviewing and adjusting your plan to stay on track.
What role does long-term care planning play in retirement planning?
Long-term care planning is a crucial aspect of retirement planning. It involves preparing for potential health and care-giving needs in retirement. Options include long-term care insurance and setting aside funds for healthcare expenses.
Note: These FAQs and answers provide a starting point for understanding key aspects of Social Security and retirement planning. However, individual circumstances can vary significantly, so it's advisable to consult with a financial advisor or retirement planning expert for personalized guidance.