06/19/2026
Social Security Strategies
I hope this message finds you well. As you plan for your financial future, I wanted to share some important insights about Social Security. Did you know that nearly half of women aged 65 and older rely on Social Security for at least 50% of their income? Making informed decisions about when and how to claim your benefits can have a significant impact on your retirement income plan.
Here are a few key strategies to consider:
Aim for Social Security Autonomy: Earning at least 40 credits (about 10 years of work)
ensures you qualify for your own benefits. Working more years can further increase your
monthly benefit.
Timing Matters: The age at which you claim Social Security directly impacts your monthly
benefit. Understanding how different claiming ages affect your income can help you make a
more informed decision as part of your retirement income plan.
Explore Spousal and Survivor Benefits: If you are married, divorced, or widowed, you
may be eligible for benefits based on your spouse’s or ex-spouse’s record. Understanding
these options can help maximize your household income.
Plan for Tax Efficiency: Up to 85% of your Social Security benefits may be taxable,
depending on your total income. Partnering with tax advisor to coordinate your claiming
strategy with other retirement income sources may help you keep more of your benefits.
Navigating Social Security can be complex, but you don’t have to do it alone. I am here to help you
understand your options and develop a strategy tailored to your unique needs and goals. If you’d like to discuss your Social Security planning or have any questions, please call Freeman Finanical and Insurance at 660-263-2886.
Empower yourself with knowledge and take charge of your retirement journey!