The Social Security Administration offers six categories of benefits: retirement benefits, disability benefits, family benefits, survivors’ benefits, medicare, and supplemental security income benefits. Here’s a brief overview of each benefit and its qualifications.
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Filed under Retirement, Social Security by on Jul 8th, 2010. 4 Comments. 
What would you do if you could retire a decade or two earlier? Would you travel the world? Volunteer for a worthy cause? Develop a hobby?
Just because the government suggests that you work until age 67, it doesn’t mean that you absolutely must follow their suggestion. In this book, Clyatt shows us that with disciplined saving, a detailed examination of your expenses, and the drive to stay focused, semi-retirement can become a reality.
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Filed under Books, Investing, Retirement by on Apr 12th, 2010. 2 Comments.
Your social security benefits may not be the easiest thing in the world to calculate, but here’s my attempt to demystify the process.
There are two basic steps to determining your monthly social security benefits. The first step is computing your average indexed monthly earnings, or AIME. The second step, which incorporates the AIME, is to determine your primary insurance amount, or PIA. The PIA is the basis for calculating the benefits that are paid to you when you retire.
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Filed under Retirement, Social Security by on Mar 13th, 2010. 1 Comment.
