Your Retirement Strategies



Going into retirement can be a scary thing to consider. Life as you’ve known it for the past 40+ years
could be caught in the wind and your new normal, most likely, will be having monthly expenses that
exceed your monthly Social Security check. If you’re one of the lucky few who still has a great pension
benefit, then your monthly income may cover your expenses, but how will you fund those well-deserved
vacations or a “snowbird” home in Florida? Here are some things you may be thinking about:

● When should you take Social Security?
● If you have a pension, should you take a single-life payout that pays more now, or take a spousal
benefit so your spouse will continue to receive pension income when you’re gone?
● If delaying Social Security benefits until age 70, what money will you live off of until then?

By following and utilizing your financial plan, we are able help you choose your optimal Social Security
and Pension strategies. Once you are close to or in retirement, we will sit down with you and your CPA
to discuss how much income will be needed over the next year and where to pull an income stream in
the most tax-efficient fashion.