The Binnacle Group Team

Kenneth Jones

248.341.1001

ken@thebinnaclegroup.com

Wendy Machak

800.485.0554

wendy@thebinnaclegroup.com

Anne O’Hare

800.485.0554

anne@thebinnaclegroup.com

Jeffery Hines

800.485.0554

jeff@thebinnaclegroup.com

Annika Stender

248.341.1001

annika@thebinnaclegroup.com

Coleen Klemet

800.485.0554

info@thebinnaclegroup.com

One important factor when planning for your retirement is knowing how much money you will need during your retirement years, but did you know that according to the U.S. Department of Labor,

fewer than half of all Americans have calculated how much money they’ll need in retirement.

Source: http://www.dol.gov

Get Your Social Security Benefits Overview Guide Sent Right to Your Inbox!

Social Security: Know Your Options

Knowing when and how to claim your Social Security retirement benefits can be confusing and sometimes overwhelming. Make sure you ask questions and more importantly, make sure you understand the answers. A few things to consider:

  • Strategies have changed!
  • Know your “Retirement Age”
  • Know the benefits of “when” to turn on your benefits
  • Ask questions
  • Work with a financial professional
72 %

of people surveyed receiving Social Security Benefits, said it accounts for at least 50% of their income.

Source: “Longevity Risk and Reward for Middle-Income Americans,” Bankers Life and Casualty Company Center for a Secure Retirement, in conjunction with the Boomer Project.