We’ve had more than a few meetings in our office recently with women clients, talking about improving their retirement readiness and the benefits they can expect to receive from Social Security.
We have to admit that there is little that is more complicated, even for financial professionals, than the ins-and-outs of Social Security.
Not to mention that there have been significant changes to benefit claiming rules over the last few years.
So to make it easier, we’re putting together short reference guides on what women in particular need to know about Social Security.
For a copy of our first guide – What Every Divorced Woman Needs to Know About Social Security Benefits – please feel free to call or email Client Services Associate Lauren Pines in our office. She’ll be happy to send a copy right out to you.
Make no mistake about it. Social Security is an extremely valuable benefit for people of all ages, genders and levels of income.
Social Security offers you guaranteed, lifelong retirement income. Therefore, maximizing your future Social Security benefits is very important, especially if you are divorced. For the average person, Social Security can make up more than 40% of their income in retirement, amounting to several hundred thousand dollars of benefits over a lifetime.
Want to know more? Check out our earlier article: “Women: STOP Leaving Social Security Money On The Table!”