To manage wealth appropriately, sometimes it may be necessary to have a single team dedicated to just your wealth management. This may be scary but it is actually a real practice to have what is called a family office, which can often be found in a family office network, to manage your wealth. This means that you should have at least 1 million dollars to manage, and is a way to have a team that you trust to manage your wealth. There are many family office conferences where you can learn more. U.S. Postal Service Change of Address Joseph J Tramontana is from Hamilton New Jersey and served as a Business Administrator. He is well regarded as an excellent Finance Officer. millionaireblueprintconsumerreview Are you looking for "gold dealers"? Check out buy-gold The passionate experts in this field are ready to answer all of your requests.

Forget the 3-legged stool: Multi-level pyramid + strategic SS claiming

11:11 AM  Pisstol Aer   Labels: , ,


“Time to replace the three-legged-stool myth; a multilevel pyramid is a better analogy for retirement income.”  “The pyramid consists of five components: Social Security, homeownership, employer-sponsored retirement plans, individual retirement accounts and other assets.” The author suggests adding part-time employment, as well. Retirees should consider spending some of their retirement investments in the early years of retirement and “deferring Social Security benefits until they are worth more later.” For example, “Financial Engines research showed how a newly retired married couple, where the wife is 62 and the husband is 66, could boost their potential lifetime Social Security income by more than $130,000 by exercising some creative claiming strategies.”
The September 11 Financial Planning for Women speaker, planner Suzanne Dalebout, will address how to maximize Social Security benefits through strategic decisions on when to claim benefits.  Each year of delaying SS benefits results in an 8% increase in the monthly benefit so it can be prudent to spend retirement funds in IRAs and employer sponsored funds first in order to claim a larger Social Security payout by delaying receipt of benefits.  Mary Beth Franklin explains the new approach in the Investment News; she also writes for Kiplinger Personal Finance Magazine, one of my favorite information sources. http://www.investmentnews.com/article/20130526/REG/130529945
Share on :
Forget the 3-legged stool: Multi-level pyramid + strategic SS claiming
Forget the 3-legged stool: Multi-level pyramid + strategic SS claiming
Reviewed by Pisstol Aer
Published :
Rating : 4.5