As we welcome the new year, it’s crucial to stay informed about the various adjustments affecting Social Security in 2024. Beyond the well-known Cost-of-Living Adjustment (COLA), several aspects of Social Security are evolving to align with national trends in prices and wages.
Filing for Social Security retirement benefits is a significant milestone in one’s life. It is crucial to have a solid understanding of the process and important factors that can impact your benefits. In this blog, we will explore key considerations to keep in mind when filing for Social Security retirement benefits. By being well-informed, you can make informed decisions and maximize your financial security during your retirement years.
Will you receive Social Security in the future? In my opinion yes, but with significant changes. It is important to understand and stay updated on Social Security Benefits so you know what impact it will make on your retirement and can plan accordingly. In my webinars and workshops, I teach future retiree’s to be 100% in control of their retirement. Social Security was never intended to be the primary retirement income source for retirees. But a lack of education, planning, and saving has caused over half the people in the US to not have enough for retirement and rely on Social Security.