Category: Retirement Planning

Social Security — The Million Dollar Asset

Perhaps the biggest retirement decision you will make will be when to start Social Security benefits. For those who consistently earned six-figures, SS benefits represent upwards of a million dollars of potential income! So it’s definitely worthwhile to know not

Posted in Estate Planning, Retirement Planning, Social Security Tagged with: ,

Prepare to Plan Your Taxes or Plan to Pay More

Hey Paul: What is the difference between “tax planning” and “tax preparation”? Are they the same thing? These two terms are closely related and I suppose could mean the same thing to some people. For those who are procrastinating doing

Posted in Health Insurance, Retirement Planning, Tax Planning

taxsmack

Posted in Retirement Planning, Social Security

When should you start Social Security?

Paul Hamilton | More Than Money | Posted: Friday, February 19, 2016 8:01 pm Hey Paul, When should we begin our Social Security benefits? We are a middle-income couple with about $300K in our 401(k) and IRA. We are in

Posted in Retirement Planning, Social Security

Social Security isn’t just for seniors

Paul Hamilton | More Than Money | Posted: Thursday, February 11, 2016 6:59 pm Hey Paul, My parents are close to retirement and they each have a Social Security statement that gives their retirement benefits at different starting ages and

Posted in Retirement Planning, Social Security

Spousal benefits and the demise of social security

Paul Hamilton | More Than Money | Posted: Thursday, February 4, 2016 1:38 pm Hey Paul: I am a physician who will turn 66 this year. What’s the highest possible social-security benefit that I would receive based on high earnings? I

Posted in Retirement Planning, Social Security

Be thoughtful with timing of Social Security retirement

Paul Hamilton | More Than Money | Posted: Friday, January 29, 2016 7:12 am   Question: I am a 66-year-old lifelong bachelorette. I have just retired from a career in real estate sales where my typical income was $45,000. I

Posted in Retirement Planning, Social Security

Handling financial riddles and resolutions

Paul Hamilton | More Than Money | Posted: Wednesday, January 20, 2016 5:30 pm More Than Money is a new weekly financial-advice column published by The Jessamine Journal. It will generally follow a question-and-answer format concerning personal finance issues such

Posted in Debt, Retirement Planning