Blogs
Maximizing Social Security Benefits: The Voluntary Suspension Strategy
In his latest episode of Retire Ready TV, Chris Heerlein introduces a relatively unknown but powerful Social Security claiming strategy known as Voluntary Suspension. This strategy, particularly relevant since the elimination of the file-and-suspend and restricted application strategies in April 2016, allows individuals to optimize their Social Security benefits. Heerlein explains that Voluntary Suspension permits a person to start receiving Social Security benefits early, then suspend these benefits at full retirement age without the obligation to repay the amounts already received. This approach can be particularly beneficial for married couples, where one spouse starts receiving reduced benefits early, and the other defers theirs.
New Solution to Wealth Management? Hire a Virtual Family Office Firm
What is a Virtual Family Office (VFO)? A Virtual Family Office (VFO) is an innovative approach to wealth management that caters to the needs of affluent families by offering personalized, comprehensive financial services and advice. Unlike traditional family offices, which are typically reserved for the ultra-wealthy with resources to maintain their own teams of financial professionals, a VFO leverages modern technology to provide similar high-level, tailored financial services virtually.
Millennials Step Up
In 2019, the millennial generation (born from 1981 to 1996) surpassed the number of baby boomers (born between 1946 and…
What’s Up With Inflation
Inflation was already on the rise before we learned about the omicron variant. Now on top of supply-chain shortages and…
Implications of Omicron
The U.S. is in the emergent stages of the omicron variant of the coronavirus. However, we now have some experience…
Financial Perspective: Marry, Cohabitate or Stay Single?
People have many different reasons for getting married or not getting married. But for some committed couples, it can come…
Savings Strategies for 2022
Some people have no trouble saving money — they stash away any cash they don’t need, and their account grows…
How to Evaluate a Stock
There are moments in history when people have claimed investment choices don’t matter because if the market is up across…
Outlook For Equities
The general outlook for equities is positive toward the end of the year and in 2022. Stocks performed relatively well…