UNDERSTANDING YOUR SOCIAL SECURITY STATEMENT
When I say this, you just might roll your eyes and Bronx cheer some spit in my face: Social Security benefits are efficient and valuable parts of your financial future! The political football that Social Security has become obscures the real sustainability of this program. When they say that Social Security benefits need to change, they’re saying it’s a fixable problem. Where there’s a will, there’s a way, right? Political will is the first thing we need to fix, so let’s start here by developing your perspective of just how powerful Social Security benefits are.
Research the cost of guaranteed income and you’ll find that market wants $160,000 up front to guarantee a 62-year old $1,000 per month for a lifetime. Get out your SSA statement and look at your benefits on page 2 and total $$ paid in to SSA on page 3 to see just how much efficient your Social Security income is. Throw in that SSA benefits are there for your family if you die, for you if you’re disabled, for your kids if they’re disabled, and oh there’s affordable health insurance too, and it’s truly phenomenal!
Use our eBook to learn how to fully utilize your Social Security statement and see how effective and efficient those benefits are in helping you and your family through tough times and in retirement!