Financial Planning

Social Security Strategies

By |2018-01-18T10:41:32-04:00May 14th, 2013|Financial Planning, Taxes/Fiscal Policy|

Courtesy of Bob Williams: As discussed in preceding articles, there are many factors to consider in deciding when to begin taking social security.  For couples, there are additional considerations which make the decision a little more complicated but may help maximize benefits. File and Suspend Assume that John has reached his full retirement age (FRA) of [...]

A Brief History of Social Security

By |2018-01-18T10:41:54-04:00May 14th, 2013|Financial Planning, Taxes/Fiscal Policy|

Courtesy of Bob Williams: To steal a line from William Shakespeare, Social Security—To be or not to be?  Virtually everyone I talk to has the same opinion, “Social Security won’t be there when I’m ready to retire.”  It’s an opinion bred by years of talk in Washington ABOUT the problem and pointing fingers at everyone [...]

A Medicare Primer

By |2018-01-18T10:40:00-04:00January 7th, 2013|Financial Planning|

In the good old days of retirement planning it was customary to assume that retirement income needed to be approximately 75-80% of what you made while you were working.  In most cases your house would be paid for and the monthly budget would be substantially reduced.  But somewhere along the line the cost of health [...]