One of the biggest challenges of retirement is making sure your money will last the rest
of your life--however long that might be. You can only estimate how many years
you will live, and you have to manage your finances so your savings will last
for that unknown number of years. Here are some ways to make sure you will have
money coming in, no matter how long you live:
Social Security. Social Security is your first line of defense against outliving your savings because these payments will continue for the rest of your life and are adjusted for inflation each year. Anyone who qualifies for Social Security will never completely run out of money, but could have to cut their standard of living to survive on their Social Security payment if they exhaust all other sources of income. Since this is the only guaranteed source of income most retirees have, it's a good idea to try to increase the amount you will get. Common strategies for boosting your Social Security payments include making sure you have at least 35 years of covered earnings, claiming spousal payments, and delaying claiming up until age 70. "Get your [online] Social Security statement from the Social Security Administration and then go through that information and use it to decide when to claim Social Security," advises Troy Von Haefen, a certified financial planner for Von Haefen Financial Management in Nashville.
The Law Office of Susan J. Salehi has helped 1000’s of people like yourself with Chapter 7 and 13 bankruptcies since 1992, both in the Santa Barbara/Ventura and Kern County areas. We offer a free consultation, reasonable rates and payment plans. All of your options will be explained during your free consultation with the attorney at the Law Offices of Susan J. Salehi. Start at only $999 Attorney Fees. Restrictions Apply. Stop Foreclosures with a Chapter 13. Operators 24/7. (805) 654-1467, (818) 880-8305, (661) 631-0252, (805) 202-4688.
http://www.dailymotion.com/video/xl3ljf_bankruptcy-lawyer-in-ventura-ca-susan-j-salehi_creation
http://www.youtube.com/watch?v=PMJSiWP2Pzw
http://www.youtube.com/watch?v=hLzM0Hi6q10
http://www.dailymotion.com/video/xt679n_bankruptcy-attorney-ventura-oxnard-camarillo-santa-barbara_shortfilms
Social Security. Social Security is your first line of defense against outliving your savings because these payments will continue for the rest of your life and are adjusted for inflation each year. Anyone who qualifies for Social Security will never completely run out of money, but could have to cut their standard of living to survive on their Social Security payment if they exhaust all other sources of income. Since this is the only guaranteed source of income most retirees have, it's a good idea to try to increase the amount you will get. Common strategies for boosting your Social Security payments include making sure you have at least 35 years of covered earnings, claiming spousal payments, and delaying claiming up until age 70. "Get your [online] Social Security statement from the Social Security Administration and then go through that information and use it to decide when to claim Social Security," advises Troy Von Haefen, a certified financial planner for Von Haefen Financial Management in Nashville.
http://www.dailymotion.com/video/xl3ljf_bankruptcy-lawyer-in-ventura-ca-susan-j-salehi_creation
http://www.youtube.com/watch?v=PMJSiWP2Pzw
http://www.youtube.com/watch?v=hLzM0Hi6q10
http://www.dailymotion.com/video/xt679n_bankruptcy-attorney-ventura-oxnard-camarillo-santa-barbara_shortfilms
