Your Financial Focus - Tax, Estate, and Retirement Planning Ideas

Volume 5, Issue 2

How Retirement Age Affects Your Social Security Benefit

When contemplating retirement, you may be counting on Social Security benefits to provide you with a basic level of income. However, the age at which you choose to retire is an important part of the equation. There are also other factors to consider when making your retirement decisions.

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Longevity and the Challenge of Asset Management

It is no longer unusual for people to live 20 or more years beyond their normal retirement age. But, financial planning that was satisfactory for retiring at age 65 may not be sufficient to maintain a comfortable lifestyle into your 80s and 90s, and may require a review with a qualified professional. Other areas of concern to consider how longevity may affect your retirement include asset management, health care expenses, and living arrangements.

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Personal Protection in an Age of Uncertainty

What if you were to get in an accident, damage your car, and become disabled? What if your house was to burn down or your business was burglarized? What if something were to happen to you and your loved ones had to support themselves? Insurance helps to provide a safety net for each of these hardships.

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