Social Security is a stable source of retirement income that can often be a critical component of a retirement plan. For roughly two-thirds of retirees, nearly half of their income comes from Social Security.
Here’s the best part: Social Security is actually a lifetime annuity. Once it starts, it continues for the rest of your life. Benefits are also inflation-protected, as there are annual cost-of-living adjustments.
Choosing when and how to best claim your benefits can mean a significant difference in your lifetime income. For instance, deferring Social Security between the ages of 62 and 70 may increase benefits by 7 to 8 % for each year. The benefit at age 70 is approximately 76% more than at age 62.
Our goal at Millard Insurance & Financial Group is to help individuals –whether Single, Married, Divorced, Widowed or acting on the behalf of a Minor – to maximize their lifetime income from Social Security. We’ll also help you leverage your opportunities to collect your benefits in the most tax-efficient manner. Let’s talk.
NSSA Advisors Certificate
National Social Security Advisors certificate from the National Social Security Association LLC in Cincinnati.
Located in
Anchora Insurance Services LLC
1204 East Washington St
Greenville, SC 29601
