Retirement Clarity Radio Scott Newhouse

Last week, the Social Security Administration announced a rule change to a program called Supplemental Security Income, which will make approx 35M more Americans eligible to receive SSI benefits ($943/mo per eligible individual) from the federal government. In the video I go through the rule change via a CNBC article (linked below)

Show Links:
https://www.cnbc.com/2024/05/10/how-social-security-administration-will-expand-access-to-ssi-benefits.html
https://www.pewresearch.org/short-reads/2023/07/19/what-the-data-says-about-food-stamps-in-the-u-s/

I don't love annuities, but this strategy does make sense for the right type of person in retirement.

Here's the link to the blog:
https://forthrightfinances.com/the-only-annuity-strategy-i-would-ever-use/
Single Premium Annuity Info: https://www.annuity.org/annuities/immediate/

Being diversified in your investment portfolio isn't always easy, especially when it leads to relative underperformance. Here's why that happens and why you should still stick to being diversified.

Whenever someone in the financial media is presenting information to you, you have to be curious about not only the data they present but also their own internal biases, as well as information they may be withholding.

Should you hire a financial planner or should you DIY it? The truth is that either choice can be a great choice for you. If you love this stuff, want to keep up with changing tax laws/regulations/best practices, and you want to spend your time doing it, then it makes a lot of sense for you to DIY. And if you hate doing this and would much rather spend your time doing anything else, then it makes a ton of sense to hire someone to help.

You can find the full How To Retire series on my website: https://forthrightfinances.com/howtoretire/

If you find it helpful, please share!

If you'd like to see if we could be a good fit to work together, you can go here: http://startmyretirement.us/

The best time to plan for all the bad things that could happen in life is when you're physically and mentally healthy. Unfortunately, too many people delay or never get around to proper estate planning, leaving a giant headache (and sometimes worse) for their family and friends. Even though I love the lawyer Saul Goodman (from the TV show Better Call Saul), I am NOT an attorney and none of this is legal advice. It's simply education on the key things to consider with your estate plan, in conjunction with an estate planning attorney.

You can find the full How To Retire series on my website: https://forthrightfinances.com/howtoretire/

If you find it helpful, please share!

If you'd like to see if we could be a good fit to work together, you can go here: http://startmyretirement.us/