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Social Security guidelines
The lack of planning can be blamed for difficult retirements of many Oklahomans facing the end or even the start of a career. Perhaps the negligence can be partially forgiven based on the fact that so many working people are extremely busy.
Social Security Administration
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Published: October 3, 2008
Oklahoman
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The lack of planning can be blamed for difficult retirements of many Oklahomans facing the end or even the start of a career. Perhaps the negligence can be partially forgiven based on the fact that so many working people are extremely busy.
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It’s difficult to prepare a plan, let alone acquire the knowledge necessary to really understand what might work for you.
Social Security should obviously be part of the plan that you can trust as you look to the future. The Social Security Administration also has some 2008 guidelines that might make your job easier.
Social Security Resolution No. 1: Plan for Retirement Now. Whether you’ll retire in two years or 22, it’s good to know ahead of time how much you might expect from Social Security. And we provide easy ways to figure it out. Three months before your birthday you’ll get your Social Security Statement in the mail. It will show your earnings record for past years and estimate your benefit amounts for disability, survivors and both full retirement and early retirement. Our website offers calculators to plug in your earnings and get an instant estimate.
Social Security Resolution No. 2: Save for Your Future. Social Security can provide a financial foundation for your retirement, but it was never intended to be your sole source of retirement income. You should do some saving in order to ensure a comfortable retirement. It can be hard to save for your future, but it is essential. Whether you’re a veteran investor or you’re just starting out, it’s important to your financial future to put away some comfortable padding for your nest egg.
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