When do you begin planning for retirement? Now is a good time to start. If you do not have a plan, it’s time to get started. The more time you have until retirement, the more wealth you can accumulate. We will present some options to consider. Education As we move into other finer aspects of preparing our long-term financial plan, we once again must understand all of our potential options. Preparing a long-term financial plan must include retirement planning, regardless of the amount of … [Read more...] about How to Plan for a Comfortable Retirement
Social Security
How to Recognize a Scam
Let’s say you receive a call like this: “Hello, I am Agent Smith from the IRS. You owe $2,368 plus interest. If you don’t pay immediately, we will issue a warrant for your arrest!” Then the caller proceeds to tell you to go get prepaid gift cards and send them to some P.O. Box. Well, if you have gotten a call like this, there is good news! It is not the IRS and you are not in any trouble. The bad news is that it is a scam. I hope you did not fall for it! Have you ever received a call … [Read more...] about How to Recognize a Scam
Using the Three Bucket Retirement Strategy
After many years of hard work and diligent saving for retirement, many struggle with the fear that they will outlive their nest egg. Or, perhaps worse, that the financial systems will collapse. So what does one do? Plan! It is my belief that the Three Bucket Retirement Strategy will both guard against adverse market conditions and grow your nest egg so that your money will outlast you. Laying the Groundwork Before the Three Bucket Retirement Strategy can be implemented, you will need … [Read more...] about Using the Three Bucket Retirement Strategy
Retirement Planning: The Big Picture
As a future or current retiree, it is important for you to take into consideration the big picture of your retirement planning. Once you have the full picture, it helps you make more detailed and necessary decisions to achieve the retirement for which you have worked your whole life. One of the first steps to take when planning your retirement is to find a financial professional who puts your needs and interests first. At American Financial Security, we take your whole financial and tax … [Read more...] about Retirement Planning: The Big Picture
Maximizing Social Security Benefits
With so many baby boomers on the verge of retiring, Social Security has become a hot topic, especially when it comes to finding out how to maximize one’s benefit. One of the reasons Social Security is such a trending topic right now is due to the fact that, after years of paying into Social Security, the largest generation ever is on the brink of reaping (or has already begun to reap) their benefits. President John F. Kennedy said, “A Nation’s strength lies in the well-being of its people.” … [Read more...] about Maximizing Social Security Benefits
