Everyone wants to know how to maximize their Social Security benefits. It’s a question that comes up nearly every time we meet with someone. While the simple answer is to wait as long as possible to get the largest monthly benefit, the strategy that you should choose needs to take your entire financial picture into account.

In this episode, we’re going to share a Social Security case study where a couple we worked with wanted to retire at 63 and 62 but originally planned to claim Social Security at full retirement age of 67. We’re going to break down the details of their financial situation and explain why the math eventually told them to take their benefits as soon as they retire.

Here’s what we discuss in this episode:

0:00 – Intro

2:47 – Case study details

6:14 – Taking Social Security immediately

12:20 – Social Security Fairness Act

16:08 – Final takeaway

Schedule a 15-minute consultation:  https://calendly.com/erg-slc/15minutediscoverycall

Get your free copy of "Rounding Third:"  http://rounding-third.elevatemyretirement.com/

How confident are you in your financial strategy? Are you feeling strong enough to rate it an 8, 9, or 10? This week, we're going to dive into what it takes to gain that confidence by sharing the five areas to help you improve your financial success.

Here’s what we discuss in this episode:

0:00 – Intro

2:20 – You know where your money is going to come from

4:28 – You know what your risk score is

6:23 – You have strategies in place to reduce your tax liability

7:51 – Healthcare considerations

9:46 – Legacy

Schedule a 15-minute consultation:  https://calendly.com/erg-slc/15minutediscoverycall

Get your free copy of "Rounding Third:"  http://rounding-third.elevatemyretirement.com/

Contact us:

(801) 639-0095

[email protected]

People nearing retirement often fall under one of the three Cs. Those are concerned, seeking clarity, or confident. In this episode, Sean breaks down these three mindsets, exploring the unique questions and needs that come with each. Let’s see which best describes you!

Here’s what we discuss in this episode:

0:00 – Intro

2:08 – Concerned

3:15 – The blurred line with clarity

6:30 – Seeking clarity

11:13 – Confident

Schedule a 15-minute consultation:  https://calendly.com/erg-slc/15minutediscoverycall

Get your free copy of "Rounding Third:"  http://rounding-third.elevatemyretirement.com/

Contact us:

(801) 639-0095

[email protected]

There’s been a growing buzz around Roth conversions, but what do they actually entail? This popular strategy makes a lot of sense within a financial plan, but like all tools, it’s not for everyone. In this episode, we dig into this complex subject with real-world examples that illustrate the potential benefits and pitfalls of this strategy.

Here’s what we discuss in this episode:

0:00 – Intro

1:45 – Roth conversions are situational

6:13 – Determining how much to convert

9:50 – Staying under IRMAA limits

13:05 – Age factors with Roth conversions

Schedule a 15-minute consultation:  https://calendly.com/erg-slc/15minutediscoverycall

Get your free copy of "Rounding Third:"  http://rounding-third.elevatemyretirement.com/

Contact us:

(801) 639-0095

[email protected]

Social Security is the backbone of retirement for millions of Americans, but big changes may be coming. On this episode, we dive into the recently released proposal to raise the full retirement age to 69 and what it means for your benefits, your future, and your financial security.

Here’s what we discuss in this episode:

0:00 – Intro

3:10 – The proposal

5:42 – Report details

8:53 – Lower benefits at age 62

11:00 – Will this improve Social Security?

13:38 – What changes will be made?

15:15 – What should you do now?

Schedule a 15-minute consultation:  https://calendly.com/erg-slc/15minutediscoverycall

Get your free copy of "Rounding Third:"  http://rounding-third.elevatemyretirement.com/

Contact us:

(801) 639-0095

When it comes to creating a successful retirement plan, the financial metrics are going to be a big part of achieving your goals. In order to enjoy your retirement, you need to have the ability to fund your lifestyle and not run out of money. But money isn’t the only measurement of success.

Here’s what we discuss in this episode:

0:00 – Intro

0:23 – What does success look like beyond the financial numbers?

1:43 – How retirement looks can change

4:45 – Creating stability in income

8:03 – Shift happens!

Schedule a 15-minute consultation:  https://calendly.com/erg-slc/15minutediscoverycall

Get your free copy of "Rounding Third:"  http://rounding-third.elevatemyretirement.com/

Contact us:

(801) 639-0095

[email protected]

Dividend investing has long been a popular choice for retirees looking to generate a steady income but is living off dividends still a viable strategy? Today we’ll talk more about the ways to generate income and the strategies we use to help ensure our clients have enough to live comfortably.

Here’s what we discuss in this episode:

0:00 – Intro

0:24 – Spring Training baseball

3:08 – Ways to generate income

5:38 – Incidental income

7:04 – Diversification

9:32 – Taxes

For more, visit us online at https://retirementelevatedpodcast.com/  

Watch the show on YouTube: https://youtu.be/xte1rK7_IFY 

Remember the thrill of shaking a Magic 8 Ball to get answers to your childhood questions? Would we ace that math test? Would we be famous someday? Well, today, we're bringing a bit of that magic back. But instead of asking about pop quizzes and playground crushes, we’re turning to the Magic 8 Ball for advice on something much more important: your retirement planning! What would the Magic 8 Ball have to say about these common retirement questions if it had the wisdom of a financial advisor?

Here’s what we discuss in this episode:

0:00 – Intro

2:00 – Never too early to start saving

5:12 – Is 1 million enough?

8:15 – Can I rely on Social Security?

10:24 – Multiple sources of retirement income

11:48 – Fewer retirement expenses?

14:58 – Future tax laws

For more, visit us online at https://retirementelevatedpodcast.com/  

Watch the show on YouTube: https://youtu.be/EMwDg_zQhmg 

Planning for retirement involves many crucial decisions, one of which is determining the best order to withdraw from your retirement accounts. Traditional advice often suggests a sequential approach- pulling money out of one type of account completely before moving to the next. But is this really the best strategy for everyone?

Tune in as Sean shares some key factors to consider when deciding the best approach for your retirement planning.

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

• Why Sean doesn’t believe a sequential withdrawal approach is best

For more, visit us online at https://retirementelevatedpodcast.com/ 

No one hits a home run every time! While home runs are an exciting part of any baseball game, the end result of who wins the game has a lot more to do with how the rest of the game is played. Drawing from his extensive experience both on the field and in finance, Sean provides valuable insights into how the principles of baseball can be applied to crafting a successful retirement strategy. 

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

• The plan has to work.

For more, visit us online at https://retirementelevatedpodcast.com/