Oct 20, 2020
Social security is the backbone of so many people’s retirement plans, yet many of us get it wrong. In fact, the average family leaves over $100,000 in benefits on the table. Your retirement strategy must include a solid game plan for claiming social security benefits, but it isn’t always easy to figure out what exactly is available to you - or how to get it.
Mark Kiner has been a CPA since 1980 and has focused much of his work since 2008 on understanding social security. When he needed help, a friend recommended that he reach out to Jim Blair, who walked away from his own retirement to co-found Premier Social Security Consulting. Now, they provide Social Security consulting for individual clients and education for financial advisors.
Today, Mark and Jim join the podcast to talk about the major mistakes that people make as they claim social security, how to craft a strategy designed to avoid these pitfalls once and for all, and how to find an advisor who can help you navigate this astoundingly complex system.
In this podcast interview, you’ll learn:
- How Americans leave as much as $3.4 trillion in unclaimed social security benefits behind.
- Why even Social Security Administration employees lack comprehensive knowledge of everything possible when it comes to social security.
- How to navigate benefits taxes and avoid accidentally crossing an income threshold that can drastically affect your finances.
- Why social security isn’t going to go broke - and taking benefits now because you think it will is a bad idea.
- How divorce can affect social security eligibility and payments.
Get Today's Show Notes
To get a full recap of today's conversation, including the biggest takeaways, transcripts, and links to all the resources mentioned, visit GuidedRetirementShow.com/34
Learn More about Retirement Planning
Find out more about retirement planning and Barber Financial Group, by visiting BarberFinancialGroup.com