Social Security

Explore Strategies to Help Maximize your Social Security Benefits

If you’re like many retirees, your Social Security benefit represents years of savings and hard work and may be the foundation upon which you plan to build and grow your retirement income. Though most Americans have some basic familiarity and knowledge on the topic, far less are able to determine on their own the optimal way to file so they can optimize their benefits and carefully integrate them into the rest of their retirement strategy.

At RightPath Wealth Management, we help our valued clients develop an understanding of their Social Security benefits, and both educate and inform them on the optimal time to start accepting their benefits. According to the Social Security Administration¹, delaying your benefits may potentially increase your benefit amount by as much as 8% per year.

There is a lot to know about Social Security, and it’s important to educate yourself so you head into retirement with a reliable benefit strategy. Our firm is committed to helping you get the most you can out of your benefits so you can take one step closer toward the comfortable and enjoyable retirement you’ve been working so hard for!

We have put together an informative brochure that helps answer the following questions:

• How are my benefits calculated?
• How could Social Security change in the future?
• How might inflation affect your Social Security benefits?
• Do you pay tax on your benefit?

Source: https://www.ssa.gov/planners/retire/1943-delay.html