Oh by the way...Have you given much thought to one of the most important financial decisions that you will ever make?  The decision of "when to start collecting your Social Security Benefits".

Social Security planning should start no later than age 58 and as early as age 55.  It does not matter whether you are single or married, Social Security benefits will be an integral part of your retirement.  To maximize your Social Security benefits you will need to know how your benefits will be affected by the age at which you apply, how cost-of-living adjustments will affect your benefits, how working will affect your benefits, and how benefits affect taxes.  You will also need to know what to do if you have other income from pensions or IRAs.

Did you know that the average married couple can lose as much as $150,000 plus in uncollected benefits due to improper planning?  Did you know that for an age 62 couple, there are over 100 million combinations of months for each of the two spouses to take retirement benefits?  Did you know that it is almost impossible to make the correct decision without professional help?  And did you know there are no "do overs" after one year. 

We find it ironic that many Baby Boomers expect Social Security to be the cornerstone of their retirement plans, but they have no clear idea what their Social Security benefit options are and, based on those options, what their monthly payments might be.  Although your Social Security Statement will show you what your approximate monthly payment will be at age 62, 66 and 70, this is only a snapshot and does not take into account the 567 ways to claim your benefit. Confused?  It gets worse.  Social Security Administration employees are forbidden by law to give you advice on which long term benefit strategy is best for you. We understand your confusion.  Let us make sure that you receive every dollar of Social Security Benefits that you are entitled to.       

As many of you know we launched our new Social Security Maximization Service on November 21st.   This service will allow our clients to obtain the highest amount of retirement dollars from Social Security. Depending on your age, marital status and life expectancy, it could be from tens of thousands of dollars to as much as a hundred fifty thousand dollars or more.

With our new Social Security Maximization Service...

• We will show you how to get your Social Security Benefits Statement directly from Social Security.
• We will compile the necessary information for the Social Security Analyzer Programs.
• We will input all necessary information for your customized analysis.
• Using the software, we will analyze thousands of possible election strategies and identify the ones that offer the highest lifetime value at various ages.
• We will examine your Social Security Election Strategy in light of your assets, income streams and goals to identify potential conflicts.  We'll help you match your Social Security decision to your overall retirement plan.
• When conflicts exist due to asset structure or income needs, we will identify alternative Social Security Strategies.
• Your detailed analysis will compare best, earliest and alternative strategies based on your goals.
• We will personally present and review your customized report and answer any questions you may have.
• We will rerun your Social Security Maximization Report every 2 years until you retire at no additional charge if you provide us with an updated Social Security Statement.

The cost of this service will be a one-time charge of $250.00.  This will help us off-set the annual cost of the analyzer programs, printing, and the ongoing education that will be needed to give you up to date information.

We know Christmas is just around the corner and money may be tight.  No problem.  Just let us know that you are interested in obtaining your customized Social Security Maximization Report so we can get started.  Payment can be made prior to us getting together with you in the New Year.