Social Security benefits are complicated enough. When you throw divorce into the mix, you add another layer of complexity.
Search Results for: social security
Social Security retirement benefits are most Americans’ retirement income foundation. Do you know how the SSA calculates your benefits?
When constructing an investment portfolio, the more secure and predictable assets you have, like social security and pensions, the more risk you can take. Rick Miller discusses the lifetime balance sheet and inflation-protected assets like social security.
At Sensible Financial we spend a lot of time thinking about and advising on Social Security. A search on our website yields over a dozen articles. For most Americans, Social Security is their largest asset. (If it is not your largest asset it is still likely to be a very large asset). Choosing when you[Learn more…]
For at least a year now, Sensible Financial has been advising its clients to create and then “lock down” their my Social Security Account. This account is located on the Social Security Administration’s web site, www.ssa.gov. Since September 29, 2018, your my Social Security account has been the only way to apply for Social Security and Medicare benefits online. Whether you are creating this account, or logging into an account you previously created, the web site[Learn more…]
In my first article on Social Security, I described how the program works and reviewed the program’s financial standing over the last thirty years. In my second article, I examined the financial future of Social Security and the policy changes necessary to shore up the program’s long-term finances. Here, I outline Sensible Financial’s new projections[Learn more…]
In my previous article, I describe how the Social Security program works and examine the program’s financial standing over the last thirty years. Currently, Social Security is running a small annual surplus, paying benefits as scheduled, and trust fund reserves are larger than they’ve been in decades. At a glance, everything appears A-ok. However, the[Learn more…]