Busting Social Security Myths – Cravitz Financial & Insurance Solutions

Busting Social Security Myths

Retirees rely heavily on Social Security for income but they often overlook how much planning it takes to get the most out of your benefit. Most people assume they should turn it on as soon as possible and start collecting the income, but there’s so much more that needs to go into the decision.

On this episode, we’re going to clear up some of the most common myths and misunderstandings surrounding this retirement program. From how to get the most out of your claim to taxes to whether it will eventually run out of money, Ryan will help you better understand Social Security and what goes into planning for it.

Here’s some of what you’ll learn on the podcast:

  • The Social Security Administration won’t help you decide when it’s best to start your benefit.  (3:18)
  • There are spousal benefits that many people can take advantage of. (5:52)
  • Why you might have to pay taxes on your benefits. (7:33)
  • Will the Social Security program run out of money? (10:03)
  • Why you probably shouldn’t claim the benefit as early as possible. (14:17)

If you have any questions, you can contact us online here: https://cravitzfinancial.com/ 

Take advantage of our free Retire Ready Checkup to get an assessment on where you stand: https://cravitzfinancial.com/retire-ready-checkup/


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Ryan@CravitzFinancial.com

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Any comments regarding safe and secure investments, and guaranteed income streams refer only to fixed insurance products. They do not refer, in any way to securities or investment advisory products. Fixed Insurance and Annuity product guarantees are subject to the claims-paying ability of the issuing company and are not offered by Brookstone Capital Management. Index or fixed annuities are not designed for short term investments and may be subject to caps, restrictions, fees and surrender charges as described in the annuity contract. Ryan Cravitz and/or Cravitz Financial and Insurance Solutions are not affiliated with or endorsed by the Social Administration or any other government agency.

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