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Social Security Fact or Fiction

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Manage episode 411927363 series 2891513
Content provided by Scott Sierens. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Sierens or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Navigating Social Security can feel confusing. With a sea of information out there it’s hard to discern what’s fact and fiction. In this episode, Scott addresses five common statements about Social Security and breaks down whether they’re true or false.

Here’s some of what we discuss in this episode:

0:00 – Intro

1:04 – Average retirement spending for 65-year-old

7:47 – Social Security taxes

13:39 – Taking Social Security when you retire

18:05 – Keeping all Social Security benefits when a spouse passes

20:30 – Penalties for working and taking Social Security

24:29– Collecting Social Security at 70 vs 62

Article – Retirement Planning: How Much the Average 65-year-old Retiree Spends Monthly

https://www.nasdaq.com/articles/retirement-planning%3A-how-much-the-average-65-year-old-retiree-spends-monthly

Want to get in touch?

Web: https://sierensfinancialgroup.com/

Email: [email protected]

Phone: 847-235-6989

Read more and get additional financial resources here: http://lifemoneyshow.com

Check out our YouTube channel: https://www.youtube.com/channel/UCPhQ-u12d60Z0HNCwwVubdQ

  continue reading

165 episodes

Artwork
iconShare
 
Manage episode 411927363 series 2891513
Content provided by Scott Sierens. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Sierens or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Navigating Social Security can feel confusing. With a sea of information out there it’s hard to discern what’s fact and fiction. In this episode, Scott addresses five common statements about Social Security and breaks down whether they’re true or false.

Here’s some of what we discuss in this episode:

0:00 – Intro

1:04 – Average retirement spending for 65-year-old

7:47 – Social Security taxes

13:39 – Taking Social Security when you retire

18:05 – Keeping all Social Security benefits when a spouse passes

20:30 – Penalties for working and taking Social Security

24:29– Collecting Social Security at 70 vs 62

Article – Retirement Planning: How Much the Average 65-year-old Retiree Spends Monthly

https://www.nasdaq.com/articles/retirement-planning%3A-how-much-the-average-65-year-old-retiree-spends-monthly

Want to get in touch?

Web: https://sierensfinancialgroup.com/

Email: [email protected]

Phone: 847-235-6989

Read more and get additional financial resources here: http://lifemoneyshow.com

Check out our YouTube channel: https://www.youtube.com/channel/UCPhQ-u12d60Z0HNCwwVubdQ

  continue reading

165 episodes

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