Dr. Reichenstein, Baylor professor and Head of Social Security Solutions Research, was asked by the Wall Street Journal to help answer a reader’s question related to Spousal Benefits and how to create a smart claiming strategy. See the article in Ask Encore section linked here: http://online.wsj.com/news/articles/SB10001424052702304866904579270330519212214
The word is getting out. Here is a recent article reporting on data that 10% less men and 8% less women are claiming as early as possible at 62. This is consistent with findings from another poll that will soon be released by Kiplinger that says more impending retirees intend to wait to receive more benefits. [...]
Well, the media has been calling me and asking for comments. If you did not see the announcement, I’ll post the press release below. The take-away is that the projected Social Security Trust fund is forecasted to be exhausted 3 years earlier than expected. Last year they said 2036 and now they say funds will run [...]
Meyer and Reichenstein’s popular book, Social Security Strategies, was the first book to sell out at the National Financial Planning Association meeting in San Antonio, Texas. The popular book is in its third release and has been references are the primer and authoritative book on how to maximize benefits. You can source a copy from Amazon: [...]
New research on Social Security strategies for singles was released today in the Retirement Management Journal. This report complements Meyer and Reichenstein’s research on Social Security strategies and illustrates the knowledge and expertise that is the foundation of Social Security Solutions’ advice. The research extends previous knowledge that singles should only consider “breakeven” analysis. The work [...]
For the last year, we have quietly known, and have pride, that the QUALITY of our advice is better than everyone else. I know this sounds smug and conceited. But, it is true and we verified it with an independent source. I founded our firm on 2 principles: 1) we had to be easy to use [...]
Here is an article in this weekend’s Wall Street Journal about some recent research done by a Stanford and Occidental professor sponsored the Social Security Administration. I’m familiar with the research since it referenced our research we published on how to create a Social Security Strategy. They focused on “returns” or return comparisons by maximizing your [...]
Yesterday the Social Security Administration released new functionality on their website that allows you to get your benefit amounts and review your earnings history. I did it myself…you set up a user profile and go through a process that takes 5 minutes. The link to where you start is copied below. This is a big deal [...]
The media asked me about the new 2013 adjustment to Americans’ Social Security. Today the announcement came in, as expected, at 1.7%. As most people know, last year the adjustment was 3.6% and the previous two years were 0%. I have 3 comments on this cost of living adjustment: Most people will see an increase of [...]
Every day we see the media talking about Social Security. Unfortunately, a lot of misinformation is being spread about the viability of Social Security. The bottom line is that Social Security is NOT going “belly up” any time soon. Yes, it needs to change, but it is a remarkable program that American’s can continue to rely [...]