Ready For Retirement? The Answer May Shock You

After years of working hard and saving, you 'think' you're prepared. But is it enough? Have you been planning properly? Find out if you're really maximizing your social security and can enjoy your golden years.
By: Weiss Education Services
 
PALM BEACH GARDENS, Fla. - Oct. 28, 2015 - PRLog -- Believe it or not, a shocking 70% of Americans fail to maximize their Social Security benefits. This can have an affect on retirement, and what was once a dream, can quickly turn into a nightmare.

According to Matthew Allen of Weiss Educaiton Services, "Often, married couples don’t realize that they should be working together as a team when thinking about when to take their Social Security... Oftentimes, people focus more on their individual SS savings... missing these benefits often costs a couple $40K to $50K in lost Social Security benefits."

Allen adds, "As far as survivor benefits... the social Security benefit of the higher-earning spouse is going to be the benefit that lasts the longest for the couple; or in other words, is “inherited” by the surviving spouse. For this reason, pursuing a strategy that increases the survivor benefit as much as possible can make a significant difference. Most couples miss another $70k to $80k by failing to maximize the survivor benefit."

Other things to pay attention to:

==Working less than 35 years
==Claiming early
==Earning too much while collecting benefits
==Errors on your earnings records
==And more

To learn the full list of critical things to be aware of, plan for, and act upon to ensure you are maximizing your social security, read the full article now at: http://www.weisseducation.com/are-you-maximizing-your-soc...

Allen concludes, "Making the right Social Security decision for you and your family is more important than ever."

About Weiss Education Services (WES)

WES's mission is focused on increasing the financial literacy of individual investors and empowering these investors to understand and control their financial destiny through personal interaction with the best and brightest minds in the industry.

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Source:Weiss Education Services
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Tags:Retirement Planning, Retirement Savings, Social Security
Industry:Financial
Location:Palm Beach Gardens - Florida - United States
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