Will Social Security Be Around When I Need It?

By Brian Ellenbecker CFP®, EA®, CPWA®, CIMA®, CLTC® You’ve probably heard media reports about the worrisome financial condition of Social Security, but how heavily should you weigh this information when deciding when to begin receiving benefits? While some changes will need to be made to Social Security (e.g., payroll taxes may increase or benefits may be reduced…

Read More

Webinar: Planning for Social Security Benefits

Webinar:  Planning for Social Security Benefits During this free 45 minute interactive virtual workshop, you will learn many of the key aspects of Social Security Planning, including:   *  eligibility of benefits, *  how benefits are calculated, *  benefit claiming strategies, and *  the current outlook of Social Security.   RSVP to Colleen@ShakespeareWM.com WHEN Wednesday,…

Read More

Managing Retirement Income Sources

By Brian Ellenbecker CFP®, EA®, CPWA®, CIMA®, CLTC® Managing your incomes sources in retirement may seem like a simple task but can get complicated quickly when trying to minimize taxes and maximize growth—not only for you, but also your potential heirs.  Having a strategy for managing your various sources of income is critical to optimizing your wealth…

Read More

When Should I Start Taking Social Security?

By Kevin Reardon CFP® We are asked this question more than any other.  Like most things in life, there is no perfect answer. However, there are guidelines and considerations in making this decision.  First, let’s review the basics. Social Security Basics The earliest that a Social Security benefit can be started is age 62, with the latest…

Read More