social security
Three Financial Traps That Can Be Avoided with Proper Planning
Submitted by Orange CA Financial Advisor | Sterling Wealth Partners on October 22nd, 2018
Good financial planning involves taking a comprehensive and holistic approach to looking at your financial picture. It isn’t just investment management, but also tax planning, retirement income planning, estate planning, and protection of assets. It also means trying to maximize saving money through tax reduction strategies and expense management.
A Prescription for a “Pain Free” Retirement
Submitted by Orange CA Financial Advisor | Sterling Wealth Partners on June 21st, 2018Divorce & Social Security – Understanding Your Benefit Options
Submitted by Orange CA Financial Advisor | Sterling Wealth Partners on August 22nd, 2017
One of the more important and misunderstood benefits available through Social Security is the spousal retirement benefit. The original purpose of the spousal benefit was to provide a retirement income for stay at home spouses who had limited work history because they did not work or spent several years out of the workforce while raising a family.
The Pitfalls of Taking Social Security Early
Submitted by Orange CA Financial Advisor | Sterling Wealth Partners on August 9th, 2017Claiming Social Security – The Six-Figure Decision
Submitted by Orange CA Financial Advisor | Sterling Wealth Partners on July 18th, 2017It's Time for Retirement
Submitted by Orange CA Financial Advisor | Sterling Wealth Partners on May 3rd, 2017The Social Security "Pay Cut" at Death
Submitted by Orange CA Financial Advisor | Sterling Wealth Partners on August 30th, 2016
Social Security is very often the cornerstone of a retirement income plan. It is an important benefit that provides inflation adjusted income that the client can't outlive. But, with a married couple, once one spouse dies, that income is going to drop resulting in a "pay cut" for the surviving spouse.