This video discusses FIVE powerful ways to make living on Social Security alone work for you. It addresses housing, debt, cost of living and several other key areas where people spend the bulk of the money in retirement. The video ends with what I call "the nuclear option," which will work most of the time for those receiving an average or above average social security payment.

45% of single Social Security filers and 21% of married filers rely on Social Security for 90% (or more) of their total monthly expenses. Social Security was not designed to be the primary source of income for those that want to live a financially abundant lifestyle; however, done right, and with a little ingenuity, Social Security can help ensure the recipient lives a comfortable life.

Important Links:

Cost of Living by State
[ Ссылка ]

38 States that Don't Tax Social Security
[ Ссылка ]

Cost of Living by Country
[ Ссылка ]

Social Security Administration Application for Benefits
[ Ссылка ]

Current Social Security Cost of Living Adjustment
[ Ссылка ]

Social Security Payment Estimator
[ Ссылка ]


THE CHANNEL’S MOST POPULAR VIDEOS

Should You Take Social Security at Age 62 and Invest it?
[ Ссылка ]

7 GOOD REASONS to File for Social Security Benefits at Age 62
[ Ссылка ]

Average Retirement Savings by Age 60. Are You Almost Ready to Retire?!?
[ Ссылка ]

The BEST AGE to File for Social Security Retirement Benefits
[ Ссылка ]

3 Social Security "Little Known Facts" That Are REALLY Important
[ Ссылка ]

Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.

свернуть