Unusual Strategies for Social Security Timing

A recent study suggested that these strategies represent over $10 Billion in unclaimed Social Security benefits. For an individual family, it is not uncommon to receive an additional $20,000 to $40,000 or more in spousal benefits. If you file prior to full retirement age, you are deemed to have filed for all benefits for which you are eligible. At full retirement age and beyond, you have several options to elect a limited benefit for a period of time, then switch to a larger benefit at some point in the future. We refer to these planning options as “Switch Strategies®.” There
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Maximize Social Security

We’ve been brainwashed into thinking Social Security isn’t going to be there for the long term, so many couples ignore it when it comes to their retirement planning. Their attitude is “Don’t count on it because it may not be there.” It’s time to set the record straight. For most middle income couples, Social Security in fact makes up 20% – 50% of their retirement income—often upwards of $500,000 in lifetime benefits. Obviously, that is a large sum of money for just about anyone. Doesn’t it make sense to maximize that asset if you can? Also, we don’t hear enough
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Income Planning

Income Planning The fear of outliving your retirement savings can be alleviated by proper income planning with Coleman Retirement Solutions. Our income planning specialists can help you evaluate your current financial situation and develop a plan to help protect and preserve your retirement savings. Our specialists can also assist in planning for the distribution of your retirement savings, ensuring that your retirement accounts will last throughout your retirement years. With proper planning, Coleman Retirement Solutions can help give you a secure quality of life throughout your retirement.
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Long-Term Care

Coleman Retirement Solutions can assist you and your family with long-term care planning. Perhaps you don’t need long-term care today; but being prepared for a long-term illness now can alleviate stress and associated costs in the future, whether you purchase long-term care insurance or not. Asset Protection There are multiple strategies and tools that may be integrated into your financial plan to protect your assets. Coleman Retirement Solutions can help you select and refine the appropriate asset protection and asset diversification strategies for your financial needs. Your plan should include a legal will, powers of attorney, an estate plan, and potentially
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Estate Planning

Planning how to properly protect, preserve, and pass along your estate to your heirs is one of the most vital components of your overall financial wellbeing. Coleman Retirement Solutions will work with you to customize a strategy to meet your long-term goals and needs. Whether you are trying to minimize the impact of taxes or simply guarantee your heirs will receive what you originally planned, Coleman Retirement Solutions will work with you in planning today, and with your heirs in executing future strategies. IRA Legacy Planning IRA legacy planning is an important planning strategy that helps secure how you will pass along
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Retirement Planning

Retirement Planning You can no longer rely on Social Security to cover your retirement. People are living longer, health costs are rising, non-traditional retirement plans are being eliminated, and the cost of living is increasing. Coleman Retirement Solutions can help you start planning today to safeguard your future retirement. Our retirement planning experts can assist you in implementing wealth accumulation, asset protection, tax planning, estate planning, income planning, long-term care, and life insurance strategies into your retirement planning portfolio. We want to provide you with peace of mind, knowing that you will maintain the same quality of life (or better) during
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