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.
1200 Woodruff Road
Suite C-38
Greenville, SC 29607
