Secure Your Retirement

Social Security Spousal Benefit in Retirement


Listen Later

In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss Social Security spousal benefits. Social Security is a complex subject, and today, we're diving into the intricacies of spousal benefits. What are they? How do they work? And what strategies can be utilized to maximize these benefits? To help us navigate this important topic, we are joined by Heather Schreiber, a consultant with a wealth of knowledge about Social Security. Heather's expertise will help you understand the nuances of Social Security spousal benefits, which is crucial for making informed decisions about your retirement planning.

Listen in to learn about the different scenarios and strategies for Social Security spousal benefits. We’ll cover the impact of age differences between spouses, the timing of benefit claims, and the financial implications of these decisions. Whether you are nearing retirement or helping a loved one plan for it, understanding these benefits can significantly affect your financial security. We also discuss the importance of consulting with experts to navigate the many rules and changes in Social Security.

In this episode, find out:

·      How Social Security spousal benefits work and their eligibility criteria.

·      The impact of claiming Social Security benefits at different ages.

·      Strategies for maximizing Social Security spousal benefits.

·      The importance of the higher wage earner delaying benefits.

·      How survivor benefits are calculated and their significance.

Tweetable Quotes:

·      "Social Security is a big part of many people's retirement planning, accounting for about 30% of their expected income." - Heather Schreiber

·      "It's crucial to have experts in your corner to navigate Social Security's complex rules and ensure you make the right decisions." - Radon Stancil

Resources:

If you are in or nearing retirement and want to gain clarity on what questions you should be asking, learn about the biggest retirement myths, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!

To access the course, simply visit POMWealth.net/podcast.

...more
View all episodesView all episodes
Download on the App Store

Secure Your RetirementBy Radon Stancil, CFP® & Murs Tariq, CFP®

  • 5
  • 5
  • 5
  • 5
  • 5

5

239 ratings


More shows like Secure Your Retirement

View all
Sound Retirement Radio by Jason Parker

Sound Retirement Radio

436 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

778 Listeners

The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

The Retirement and IRA Show

737 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,290 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

510 Listeners

Big Picture Retirement® by Devin Carroll, CFP® & John Ross, JD

Big Picture Retirement®

522 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

640 Listeners

Retire With Purpose - The Retirement Podcast by Casey Weade

Retire With Purpose - The Retirement Podcast

560 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

793 Listeners

The Rob Berger Show by Rob Berger

The Rob Berger Show

175 Listeners

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance) by Ari Taublieb, CFP®, MBA

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

540 Listeners

Retirement Planning Education, with Andy Panko by Andy Panko

Retirement Planning Education, with Andy Panko

738 Listeners

Retire With Style by Wade Pfau & Alex Murguia

Retire With Style

163 Listeners

Retirement Answers by Jacob Duke, CFP®

Retirement Answers

100 Listeners

Life Starts at Retirement by Maureen Dobranski

Life Starts at Retirement

22 Listeners