Category: Social Security

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: ,

Teachers Get Dinged on Social Security

Hey Paul: I have taught in the local school system for 30 years. I plan to retire in a few years and my teacher’s pension will be about $36,000. I also managed a tutoring business for 10 years and paid

Posted in Estate Planning, Social Security

Who Needs a Financial Advisor?

Hey Paul: We are a middle-class family with three children the oldest headed off to college next fall. We are halfway through a 30-year mortgage but otherwise do not have any debt. All our retirement savings of about $300K is

Posted in Debt, Education, Estate Planning, Health Insurance, Home Mortgages, Social Security, 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