On average, U.S. men will outlive their savings by eight years – and eleven years for U.S. women – leaving only their Social Security, or pension type income, to get by.
For them, these years are not their “Golden Years”. It can often make a positive difference to plan ahead and understand our best options. Some of these take more time, to work to their full potential – so we want to make our best informed decisions earlier, rather than later.
I have studied our retirement options since 1984. This is what I do and this is where I can often help others and create additional value for them. Because many of these valuable options and solutions are all-too-often misunderstood, I have written a series of six books about retirement to help those of us who want to learn more. (Four of these are available to you on this website, and two more about mortgages are on our mortgage website.) I will help where I can, and I invite you to call me if you have questions, if you want additional details, any quotes – or schedule an appointment.
The foundation for a lot of my work - starts with the following three software tools. Each of these is the best for its purpose, in my opinion. If you have questions or concerns about any of these challenges, I invite you to use any of these and they'll answer many of your important questions - and your "What-If" alternatives - to help you improve your financial future where we can.
This excellent software - helps us determine our BEST CHOICES to increase our lifetime Social Security benefits - this includes singles, married couples, widows/widowers, divorced spouse and divorced spouse survivor benefits, dependants, etc.
In addition, it helps us to better understand an upcoming concern for all of us - the impact of future Social Security Benefit cuts - that will happen - unless Congress improves current laws/funding that affect us, for this critical income.
I suggest two alternatives. First, visit maximizemysocialsecurity.com and get the software for your own use. The cost is only $49 a year, and you can easily start this web-based program online now.
Or a second alternative - is my offer to help you where I can. Our Social Security decisions are often only one part - of our over all Retirement Income and other financial decisions - i.e. when do we need the income, our personal life expectancy, spouse benefits, how long do we need to work, taxes, retirement account withdrawals, savings and investment choices, etc.
I've used this personal financial planning software for many years - and it never ceases to amaze me - how often, many of us can improve our financial future - with the right questions, some extra thought, and a few financial adjustments!
Do you want answers for these concerns? How long will my money last? When can I retire? Do I need to spend less - or can I spend more? This is quick and easy - and only 9 questions. You may also calculate alternative "What-If Scenarios" - and compare your options - I love it !
You may also want to get me involved - at the beginning or later. (Just let me know when you're ready.) We can also take this in other directions and help with other questions. I've been doing this for over 40 years. I've worked with hundreds of nice people - and I often help to create extra value and $$$!
Unless you are a successful investor and can afford - and emotionally endure - the roller coaster thrills and fears of investment risks for all of your savings - I'll often recommend various fixed types of annuities - to help my client create more tax-advantaged accumulation, more insured lifetime guaranteed income, more long term care benefits, more legacy benefits for loved ones, etc. But it can often be a challenging process - to get everything we need, to help us make our BEST DECISIONS! Even after I've worked with these for over 40 years - the new changes are endless!
Annuities Genius is web-based software that can provide us with comprehensive product information, company brochures, rate histories, company details - etc., etc. - with just a few clicks and all within a few seconds - and presenting all of this to us where we can also compare all of this quickly - with the various annuity types, offered by over 1,000 insurance companies!
Would you like to learn the best interest rates for multi-year "CD Type" annuities - offered by over 500 companies? (They are higher than what you get at your bank - and they are tax-deferred - and you can control your legacy distributions more effectively!)
Would you like to know how much "Lifetime Guaranteed Income" you can receive - if you start your income at different ages - and how this compares with 100 companies today? (For example - your $ 100,000 will create (?) income - at the age you want to start ?) There's no cost to you. I have a personal website - just for Annuities Genius. It's my gift to you - if you want to take advantage of the valuable and comprehensive information it offers all of us! It not only offers us answers - but also transparency!
It's both fantastic and easy!
