SOCIAL SECURITY PLANNING

Helping you remove the guesswork with claiming decisions

Social Security Planning

Are you getting close to claiming Social Security benefits? If so, did you know the difference between an optimal claiming strategy and a sub-optimal one can amount to thousands of dollars over a lifetime?

As independent financial planners, we’ve come to find the decision of when to apply for Social Security benefits is one of the most important decisions a retiree will face as it pertains to their monthly income during retirement.

Clearly, this is a decision that should not be made lightly or flippantly. The problem is the rules are complicated, confusing, and claiming strategies vary.

The good news is informed retirees who take the time to understand the claiming rules and apply the aspects of social security claiming strategies to their circumstances have a greater chance to improve their financial well-being in retirement.

A recent  survey found that 45% of retirees rely on the Social Security Administration itself for information related to their benefits. Although employees of the Social Security Administration office can assist you in applying for benefits, they cannot give you claiming advice to help you maximize benefits over your lifetime.

Maximize your benefits. If you are married, single, divorced, or widowed and have never explored your Social Security benefit options, we invite you to call us to schedule a no-cost consultation to help you learn how you can maximize your social security benefits. We will give you a free social security report detailing your different benefit levels over multiple claiming scenarios so you can see the difference it would make in your retirement income.

Know your claiming options

Don't guess. We can help you understand your claiming options by scheduling a
​no-obligation appointment to review your plan.

Schedule now

"The hope behind this statute is to save men and women from the rigors of the poorhouse, as well as from the haunting fear that such awaits them when journey's end is near."

-Justice Benjamin Cardoza in a 1973 Supreme Court ruling upholding the legality of the Social Security Act

Featured articles and resources

Social Security Benefits Are Increasing. How Will It Affect Your Taxes?

Inflation has been hitting everyone’s wallets all year long. With the cost of everything from fuel to pasta going up, a 40-year high in the cost-of-living-adjustment (COLA) for social security sounds like a good thing. But is that all there is to it?
B&H Team
11 Jan 2022

A Social Security Primer: Breaking Down Your Options

When to claim social security benefits is one of the biggest questions when thinking about retiring. Your retirement income will likely come from various sources, and each will fit into your financial plan in different ways. Still, for most people, social security represents a risk-free source of retirement income. How do you maximize that income? It’s a delicate balance.
BH Team
11 Jan 2022

Serving Clients in Modesto, CA and the Central Valley

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