054 Thinking About Social Security Differently

Do you know when to start taking social security benefits? Social security is one of the important things that fits into the five ways that we help clients. We help clients in five different respects; We call this a retirement game plan, the five pillars of a retirement game plan. First would be income planning, and this is where social security fits into play, and how you are going to manage income in retirement. Because you're going to have an income gap where all of a sudden you retire and now you need to make sure that your income is matching your expenses. In this episode of The Chris Berry Show, I'll talk about some strategies for taking social security benefits at retirement, and how to handle 401k rollovers. In this episode, you'll learn... Chris' positive focus for the week. The 5 pillars of a retirement game plan. Tax efficient social security strategies. How to get more information on social security benefits. Why waiting to take social security can be so beneficial. How to look at the full picture of retirement and social security, not just the numbers. Important questions to ask yourself when you think it's time to retire. How to weigh your goals for retirement. Why you might want to roll over a 401k. How a trust can work with an IRA. What to do if you inherit an IRA. How you can get a free report about rolling over your 401k. Q&A In each episode, I take questions from listeners. If you have any questions that you want answered, feel free to email us at [email protected]. Here are the questions I covered in this episode: What considerations are important for people who have blended families? What life changes would signal that we need to update our legal, financial, or tax planning? Links & Resources AlzElderCare.com castlewealthgroup.com TheChrisBerryShow.com Michiganestateplanning.com Register for one of our free estate & asset protection workshops MySocialSecurityNow.com My401kRolloverNow.com Follow us on Social Media Twitter: www.twitter.com/ElderCareFirm Facebook: www.facebook.com/chrisberryshow LinkedIn: www.linkedin.com/in/christopherjberry