If you’re like many Americans, your Social Security benefit will form the foundation of your retirement income plan. After all, you’ve been paying into Social Security since the first moment you entered the workforce and it’s about time to cash in on all your hard work, but how much can you count on it? Delaying filing for Social Security can potentially increase your benefit amount by a rate of eight percent per year. In 2016, the average monthly benefit for retired workers is $1,355, while the maximum benefit is $2,639. Source.
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Fee-based financial planning and investment advisory services are offered by Reindel Advisory Solutions, LLC a Registered Investment Advisor in the State of Connecticut. Insurance products and services are offered through Reindel Retirement Solutions, LLC. Reindel Advisory Solutions, LLC and Reindel Retirement Solutions, LLC are affiliated companies. The presence of this advertisement shall in no way be construed or interpreted as a solicitation to sell or offer to sell investment advisory services to any residents of any State other than the State of Connecticut or where otherwise legally permitted. Reindel Advisory Solutions, LLC, Reindel Retirement Solutions, LLC and David Reindel are not affiliated with or endorsed by the Social Security Administration or any government agency. Reindel Advisory Solutions, LLC does not provide tax and/or legal advice, but will work with your attorney or independent tax or legal advisor.
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