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…
TaxSmack
Bringing Financial Planning to the 99%
Category: Retirement Planning
Social Security — The Million Dollar Asset
Posted in Estate Planning, Retirement Planning, Social Security Tagged with: retirement planning, social security
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…
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