BLOG, ARTICLES, & RESOURCES
Explore insightful articles, expert analysis, and timely updates on the latest trends and best practices in regards to retirement, social security planning, taxation, and risk management. Discover actionable steps and thought-provoking perspectives from The AFI Group's seasoned professionals and industry experts to help you maximize your family legacy.
Taxes in Retirement
Should You Take Social Security Benefits at 62?
It’s not for everyone. But, if it’s possible for you, there’s a few great reasons to start collecting Social Security once you hit the age of 62. Check out the reasons below and see if it seems right for you.
Reason #1: You may have to begin collecting at 62.
Okay, so maybe it’s not a true reason, but more of a possible necessity. Did you know that nearly half of retirees said they left the workforce earlier than planned due to health problems or workplace downsizing? Even if you plan to work until you’re 70, it may just not end up being the case. It’s nice to know you’ll be okay if you retire earlier than planned.
Reason #2: Play the law of averages.
One main argument to wait longer until you begin collecting checks is that the payouts will be larger. However, if you live close to the average life expectancy for your age, you end up receiving about the same amount in lifetime benefits, according to the Social Security Administration.
In other words, the system is designed for those that live an average-length life; meaning it will even out in terms of total benefits (regardless when you start collecting).
Reason #3: You could possibly retire early.
Claiming your benefits early can be a good move if your family tree has relatives who lived shorter-than-average lives. If you beat the odds and end up living a longer life, that’s great! You’ll continue to collect your benefits.
Remember, early retirees usually enjoy the added benefits of being more active - so you can retire while still enjoying your favorite hobbies and activities.[1]
Still trying to decide when it’s right to start collecting your Social Security? Be sure to call us and we can give you advice on your Social Security needs.
By clicking on these links, you will leave our server, as they are located on another server. We have not independently verified the information available through this link. The link is provided to you as a matter of interest. Please click on the links below to leave and proceed to the selected site.
Any comments regarding safe and secure investments and guaranteed income streams refer only to fixed insurance products offered by (company name). They do not refer in any way securities or investment advisory products. Fixed insurance and annuity product guarantees are subject to the claims paying ability of the issuing company.
-----------------------------------------------
[1]https://www.fool.com/retirement/2018/01/14/3-reasons-its-smart-to-take-social-security-benefi.aspx
Social Security
Should You Take Social Security Benefits at 62?
It’s not for everyone. But, if it’s possible for you, there’s a few great reasons to start collecting Social Security once you hit the age of 62. Check out the reasons below and see if it seems right for you.
Reason #1: You may have to begin collecting at 62.
Okay, so maybe it’s not a true reason, but more of a possible necessity. Did you know that nearly half of retirees said they left the workforce earlier than planned due to health problems or workplace downsizing? Even if you plan to work until you’re 70, it may just not end up being the case. It’s nice to know you’ll be okay if you retire earlier than planned.
Reason #2: Play the law of averages.
One main argument to wait longer until you begin collecting checks is that the payouts will be larger. However, if you live close to the average life expectancy for your age, you end up receiving about the same amount in lifetime benefits, according to the Social Security Administration.
In other words, the system is designed for those that live an average-length life; meaning it will even out in terms of total benefits (regardless when you start collecting).
Reason #3: You could possibly retire early.
Claiming your benefits early can be a good move if your family tree has relatives who lived shorter-than-average lives. If you beat the odds and end up living a longer life, that’s great! You’ll continue to collect your benefits.
Remember, early retirees usually enjoy the added benefits of being more active - so you can retire while still enjoying your favorite hobbies and activities.[1]
Still trying to decide when it’s right to start collecting your Social Security? Be sure to call us and we can give you advice on your Social Security needs.
By clicking on these links, you will leave our server, as they are located on another server. We have not independently verified the information available through this link. The link is provided to you as a matter of interest. Please click on the links below to leave and proceed to the selected site.
Any comments regarding safe and secure investments and guaranteed income streams refer only to fixed insurance products offered by (company name). They do not refer in any way securities or investment advisory products. Fixed insurance and annuity product guarantees are subject to the claims paying ability of the issuing company.
-----------------------------------------------
[1]https://www.fool.com/retirement/2018/01/14/3-reasons-its-smart-to-take-social-security-benefi.aspx
Estate Planning
Should You Take Social Security Benefits at 62?
It’s not for everyone. But, if it’s possible for you, there’s a few great reasons to start collecting Social Security once you hit the age of 62. Check out the reasons below and see if it seems right for you.
Reason #1: You may have to begin collecting at 62.
Okay, so maybe it’s not a true reason, but more of a possible necessity. Did you know that nearly half of retirees said they left the workforce earlier than planned due to health problems or workplace downsizing? Even if you plan to work until you’re 70, it may just not end up being the case. It’s nice to know you’ll be okay if you retire earlier than planned.
Reason #2: Play the law of averages.
One main argument to wait longer until you begin collecting checks is that the payouts will be larger. However, if you live close to the average life expectancy for your age, you end up receiving about the same amount in lifetime benefits, according to the Social Security Administration.
In other words, the system is designed for those that live an average-length life; meaning it will even out in terms of total benefits (regardless when you start collecting).
Reason #3: You could possibly retire early.
Claiming your benefits early can be a good move if your family tree has relatives who lived shorter-than-average lives. If you beat the odds and end up living a longer life, that’s great! You’ll continue to collect your benefits.
Remember, early retirees usually enjoy the added benefits of being more active - so you can retire while still enjoying your favorite hobbies and activities.[1]
Still trying to decide when it’s right to start collecting your Social Security? Be sure to call us and we can give you advice on your Social Security needs.
By clicking on these links, you will leave our server, as they are located on another server. We have not independently verified the information available through this link. The link is provided to you as a matter of interest. Please click on the links below to leave and proceed to the selected site.
Any comments regarding safe and secure investments and guaranteed income streams refer only to fixed insurance products offered by (company name). They do not refer in any way securities or investment advisory products. Fixed insurance and annuity product guarantees are subject to the claims paying ability of the issuing company.
-----------------------------------------------
[1]https://www.fool.com/retirement/2018/01/14/3-reasons-its-smart-to-take-social-security-benefi.aspx
Investment Strategies
Should You Take Social Security Benefits at 62?
It’s not for everyone. But, if it’s possible for you, there’s a few great reasons to start collecting Social Security once you hit the age of 62. Check out the reasons below and see if it seems right for you.
Reason #1: You may have to begin collecting at 62.
Okay, so maybe it’s not a true reason, but more of a possible necessity. Did you know that nearly half of retirees said they left the workforce earlier than planned due to health problems or workplace downsizing? Even if you plan to work until you’re 70, it may just not end up being the case. It’s nice to know you’ll be okay if you retire earlier than planned.
Reason #2: Play the law of averages.
One main argument to wait longer until you begin collecting checks is that the payouts will be larger. However, if you live close to the average life expectancy for your age, you end up receiving about the same amount in lifetime benefits, according to the Social Security Administration.
In other words, the system is designed for those that live an average-length life; meaning it will even out in terms of total benefits (regardless when you start collecting).
Reason #3: You could possibly retire early.
Claiming your benefits early can be a good move if your family tree has relatives who lived shorter-than-average lives. If you beat the odds and end up living a longer life, that’s great! You’ll continue to collect your benefits.
Remember, early retirees usually enjoy the added benefits of being more active - so you can retire while still enjoying your favorite hobbies and activities.[1]
Still trying to decide when it’s right to start collecting your Social Security? Be sure to call us and we can give you advice on your Social Security needs.
By clicking on these links, you will leave our server, as they are located on another server. We have not independently verified the information available through this link. The link is provided to you as a matter of interest. Please click on the links below to leave and proceed to the selected site.
Any comments regarding safe and secure investments and guaranteed income streams refer only to fixed insurance products offered by (company name). They do not refer in any way securities or investment advisory products. Fixed insurance and annuity product guarantees are subject to the claims paying ability of the issuing company.
-----------------------------------------------
[1]https://www.fool.com/retirement/2018/01/14/3-reasons-its-smart-to-take-social-security-benefi.aspx
Business Owners
Should You Take Social Security Benefits at 62?
It’s not for everyone. But, if it’s possible for you, there’s a few great reasons to start collecting Social Security once you hit the age of 62. Check out the reasons below and see if it seems right for you.
Reason #1: You may have to begin collecting at 62.
Okay, so maybe it’s not a true reason, but more of a possible necessity. Did you know that nearly half of retirees said they left the workforce earlier than planned due to health problems or workplace downsizing? Even if you plan to work until you’re 70, it may just not end up being the case. It’s nice to know you’ll be okay if you retire earlier than planned.
Reason #2: Play the law of averages.
One main argument to wait longer until you begin collecting checks is that the payouts will be larger. However, if you live close to the average life expectancy for your age, you end up receiving about the same amount in lifetime benefits, according to the Social Security Administration.
In other words, the system is designed for those that live an average-length life; meaning it will even out in terms of total benefits (regardless when you start collecting).
Reason #3: You could possibly retire early.
Claiming your benefits early can be a good move if your family tree has relatives who lived shorter-than-average lives. If you beat the odds and end up living a longer life, that’s great! You’ll continue to collect your benefits.
Remember, early retirees usually enjoy the added benefits of being more active - so you can retire while still enjoying your favorite hobbies and activities.[1]
Still trying to decide when it’s right to start collecting your Social Security? Be sure to call us and we can give you advice on your Social Security needs.
By clicking on these links, you will leave our server, as they are located on another server. We have not independently verified the information available through this link. The link is provided to you as a matter of interest. Please click on the links below to leave and proceed to the selected site.
Any comments regarding safe and secure investments and guaranteed income streams refer only to fixed insurance products offered by (company name). They do not refer in any way securities or investment advisory products. Fixed insurance and annuity product guarantees are subject to the claims paying ability of the issuing company.
-----------------------------------------------
[1]https://www.fool.com/retirement/2018/01/14/3-reasons-its-smart-to-take-social-security-benefi.aspx
BLOGS & RESOURCES
Should You Take Social Security Benefits at 62?
It’s not for everyone. But, if it’s possible for you, there’s a few great reasons to start collecting Social Security once you hit the age of 62. Check out the reasons below and see if it seems right for you.
Reason #1: You may have to begin collecting at 62.
Okay, so maybe it’s not a true reason, but more of a possible necessity. Did you know that nearly half of retirees said they left the workforce earlier than planned due to health problems or workplace downsizing? Even if you plan to work until you’re 70, it may just not end up being the case. It’s nice to know you’ll be okay if you retire earlier than planned.
Reason #2: Play the law of averages.
One main argument to wait longer until you begin collecting checks is that the payouts will be larger. However, if you live close to the average life expectancy for your age, you end up receiving about the same amount in lifetime benefits, according to the Social Security Administration.
In other words, the system is designed for those that live an average-length life; meaning it will even out in terms of total benefits (regardless when you start collecting).
Reason #3: You could possibly retire early.
Claiming your benefits early can be a good move if your family tree has relatives who lived shorter-than-average lives. If you beat the odds and end up living a longer life, that’s great! You’ll continue to collect your benefits.
Remember, early retirees usually enjoy the added benefits of being more active - so you can retire while still enjoying your favorite hobbies and activities.[1]
Still trying to decide when it’s right to start collecting your Social Security? Be sure to call us and we can give you advice on your Social Security needs.
By clicking on these links, you will leave our server, as they are located on another server. We have not independently verified the information available through this link. The link is provided to you as a matter of interest. Please click on the links below to leave and proceed to the selected site.
Any comments regarding safe and secure investments and guaranteed income streams refer only to fixed insurance products offered by (company name). They do not refer in any way securities or investment advisory products. Fixed insurance and annuity product guarantees are subject to the claims paying ability of the issuing company.
-----------------------------------------------
[1]https://www.fool.com/retirement/2018/01/14/3-reasons-its-smart-to-take-social-security-benefi.aspx
CONTACT US:
info@theafigroup.com
Office: 714.543.5900
Hours: Monday - Friday | 8AM - 5PM
DISCLAIMER:
The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named representative, broker - dealer, state - or SEC - registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
We take protecting your data and privacy very seriously. As of January 1, 2020 the California Consumer Privacy Act (CCPA) suggests the following link as an extra measure to safeguard your data: Do not sell my personal information.
Life insurance & annuity services provided by Advanced Financial, Steve Sousa CLU, CA License#0476190
Brian Walker CA License #0H13310 | Jessica Markworth CA License #0E56830 | Jill Sousa CA License # 0L05626
Securities investment services provided by Inception Financial Services with advisory services offered through AlphaStar Capital Management.
CONTACT US:
info@theafigroup.com
Office: 714.543.5900
Hours: Monday - Friday | 8AM - 5PM
DISCLAIMER:
The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named representative, broker - dealer, state - or SEC - registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
We take protecting your data and privacy very seriously. As of January 1, 2020 the California Consumer Privacy Act (CCPA) suggests the following link as an extra measure to safeguard your data: Do not sell my personal information.
Life insurance & annuity services provided by Advanced Financial, Steve Sousa CLU, CA License#0476190
Brian Walker CA License #0H13310 | Jessica Markworth CA License #0E56830 | Jill Sousa CA License # 0L05626
Securities investment services provided by Inception Financial Services with advisory services offered through AlphaStar Capital Management.