September 21, 2015

567

567 

According to the Center for Retirement Research at Boston College:
http://squaredawayblog.bc.edu/squared-away/misconceptions-about-social-security/

There are 567 ways for a married couple to file for Social Security benefits. Social Security is the most important source of retirement income for most workers. Yet too many older Americans lack a basic understanding of certain aspects of Social Security benefits.

The U.S. Social Security Administration calculates pensions using a formula based on the average of a worker’s 35 highest years of earnings. This information is important, because each additional year of work could substitute current earnings for an early year of low earnings – or even zero earnings prior to the worker’s entry into the labor force.

According to www.ssa.gov the average retirement benefit is $1285 per month. Growing at 2% for 20 years, that’s a cumulative benefit of over $493,000.00 or almost $1,000,000.00 for a couple

 Are you treating social security like it’s a million dollar decision? Here is a free tool that you can use to optimize your own benefits: http://www.bedrockcapitol.com/ssanalyze/

Information, education and product knowledge are the cornerstones of great agents and we want to be your health insurance agents
Contact Diane Woodhead at Woodhead Insurance Services LLC, “Your Independent Health Insurance Agent” diane@woodheadinsurance.com www.woodheadinsurance.com 
1585 Allouez Ave Suite 2, Green Bay, WI 5431, 920-544-0058 office
“Everyone deserves a great agent and I want to be yours!”

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