Social Security is in Trouble: 4 Tips to Maximize Your Benefit
Dec 07, 2024•14 min•Season 2024Ep. 1207
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Episode description
By 2034, it's projected that Social Security will only be able to pay about 78% of scheduled benefits if no changes are made to the system. This is why people need to start preparing now. In this video, Peter with Richon Planning and Erin Kennedy walk through these 4 tips to maximize your benefit:
1.Maximize When You Claim Social Security
2. Diversify Your Retirement Income
3. Work Now to Create Tax Free Income in Retirement
4. Have a Plan for Taxes
Deciding when to claim Social Security could be one of the most important financial decisions you make in retirement, and helping you make that decision is something we specialize in at Richon Planning. To set up a complimentary appointment, please call (919) 300-5886 or visit www.RichonPlanning.com
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