Most people are depending on their Social Security Benefits as part of their retirement income. The big dilemma many retiree’s face is will their Social Security Benefits provide enough monthly income to meet their daily essential living costs like food, rent, utilities and medical expenses.

Depending on your expenses and lifestyle, some people may be able to get by on SS Benefits alone. However, for most retirees you may need additional income to fill in the gap if Social Security is insufficient.

One of the most significant Social Security mistakes married couples make is not taking into account the loss of Social Security income due to the death of a spouse. Protecting the surviving spouse is one of the most critical things you can do in retirement planning.

Our “Income for Life” planning process can help you detect potential income gaps in Social Security Benefits, Pensions and other Assets that could leave a spouse or beneficiary out in the cold. Being able to see into the future in an easy to understand way can help you make more informed decisions. Bringing the future into the present and stress testing your benefits is the best way to be sure you have the right plan in place. The rumblings of Social Security Benefits being slashed by up to 1/3 is another concern that should be addressed. Have you addressed the “What If”?