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Showing posts from August, 2012

When to Apply for Social Security Benefits

With the demise of guaranteed pensions, and in light of the risks you face in managing your own retirement assets, maximizing Social Security becomes a critical part of retirement planning.
Oneofthemostimportantdecisionsaretireefacesis whentoapplyforSocialSecuritybenefits.Thisisnot adecisiontobe madelightly;theguaranteed,lifetime, inflation-adjustedincomepromisedbySocial Securitymakesitoneofaretiree’smostsignificant assets.Ifyouweretocalculatethepresentvalueofa person’sSocialSecurityincomestream,itwouldrival thelumpsummany