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Social Security Fact or Fiction
Manage episode 411927363 series 2891513
Navigating Social Security can feel confusing. With a sea of information out there it’s hard to discern what’s fact and fiction. In this episode, Scott addresses five common statements about Social Security and breaks down whether they’re true or false.
Here’s some of what we discuss in this episode:
0:00 – Intro
1:04 – Average retirement spending for 65-year-old
7:47 – Social Security taxes
13:39 – Taking Social Security when you retire
18:05 – Keeping all Social Security benefits when a spouse passes
20:30 – Penalties for working and taking Social Security
24:29– Collecting Social Security at 70 vs 62
Article – Retirement Planning: How Much the Average 65-year-old Retiree Spends Monthly
https://www.nasdaq.com/articles/retirement-planning%3A-how-much-the-average-65-year-old-retiree-spends-monthly
Want to get in touch?
Web: https://sierensfinancialgroup.com/
Email: office@sierensfinancialgroup.com
Phone: 847-235-6989
Read more and get additional financial resources here: http://lifemoneyshow.com
Check out our YouTube channel: https://www.youtube.com/channel/UCPhQ-u12d60Z0HNCwwVubdQ
150 tập
Manage episode 411927363 series 2891513
Navigating Social Security can feel confusing. With a sea of information out there it’s hard to discern what’s fact and fiction. In this episode, Scott addresses five common statements about Social Security and breaks down whether they’re true or false.
Here’s some of what we discuss in this episode:
0:00 – Intro
1:04 – Average retirement spending for 65-year-old
7:47 – Social Security taxes
13:39 – Taking Social Security when you retire
18:05 – Keeping all Social Security benefits when a spouse passes
20:30 – Penalties for working and taking Social Security
24:29– Collecting Social Security at 70 vs 62
Article – Retirement Planning: How Much the Average 65-year-old Retiree Spends Monthly
https://www.nasdaq.com/articles/retirement-planning%3A-how-much-the-average-65-year-old-retiree-spends-monthly
Want to get in touch?
Web: https://sierensfinancialgroup.com/
Email: office@sierensfinancialgroup.com
Phone: 847-235-6989
Read more and get additional financial resources here: http://lifemoneyshow.com
Check out our YouTube channel: https://www.youtube.com/channel/UCPhQ-u12d60Z0HNCwwVubdQ
150 tập
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