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Social Security Sense: A Guide To Claiming Benefits For Those Age 60-70

The average person living 25 years or more is likely to receive $500,000 or more in total Social Security benefits. That's not small change. The decisions you make about these benefits are often irrevocable - and when and how you collect these benefits can increase, or decrease, the amount you get over your lifetime. Social Security Sense provides practical how-to knowledge to help you navigate through the numerous rules, and make the best claiming choices for you and your family. In this book nationally known retirement expert Dana Anspach explains the Social Security claiming rules, including the changes that were signed into law in November 2015, and shows you numerous real-life examples as to how your decisions affect your lifetime income. This book: Covers all the major aspects of Social Security claiming including the earnings limit, spousal benefits, ex-spousal benefits, taxation, survivor options, the benefit calculation formula, and more. Explains the new rules that were signed into law in November 2015, and provides examples of how that affects your options based on your month and year of birth. Provides concrete examples of how much you may get using one claiming age vs. another. Helps couples use their benefits to get the largest amount of survivor income possible. Shows you the common mistakes people make when doing their own benefit calculations and how those mistakes can lead you to making a less optimal decision. Social Security Sense is a book everyone age 55 or older should read before they begin their benefits. It will be a resource you turn to as you navigate your way through the claiming process, and it will enable you to feel confident in the decisions you make - and know they were made in a way that can lead to a more certain outcome in retirement."

Paperback: 110 pages

Publisher: Book's Mind (April 8, 2016)

Language: English

ISBN-10: 1944255052

ISBN-13: 978-1944255053

Product Dimensions: 6 x 0.2 x 9 inches

Shipping Weight: 5.6 ounces (View shipping rates and policies)

Average Customer Review: 5.0 out of 5 stars  See all reviews (4 customer reviews)

Best Sellers Rank: #417,645 in Books (See Top 100 in Books) #48 in Books > Politics & Social Sciences > Politics & Government > Public Affairs & Policy > Social Security #431 in Books > Business & Money > Personal Finance > Retirement Planning

While I read on a variety topics, I rarely post reviews. I found Social Security Sense very well written and a must read for anyone in the 50s or 60s or doing financial planning and taking SS into account. The topics covered were very insightful and loved the examples provided to illustrate the points made. This book is a very easy read and simplifies many complexities for anyone approaching SS. I highly recommend Social Security Sense!

I have read a good deal of information on the subject and this book is by far the most helpful I have read. I like the way Dana breaks it down in segments that you can follow. After reading this I am sure that many people are still leaving money on the table when they retire. It can be used as a study guide for those that have options

Wow, What a down to earth explanation of how Social Security works...Dana shows us how this book, that cost a few dollars, can help us receive thousands. Any of our employees that request Social Security Sense will receive one promptly. rk

Clear, concise, informative review of today's' Social Security environment. I liked the well thought out examples of various retirement scenarios.

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