Social Security - Simple and Smart

Jerry and Rose are joined by Tom Margenau Author of "Social Security Simple and Smart. Tom worked for 32 years in a variety of positions for the Social Security Administration before retiring.

Social Security: When is it a good time to start taking social security benefits? Its been around for 90 years. Can it go another 90 years?

10,000 boomers retiring every single day

Starting 10 years ago and probably continuing another 10 years.

2 taxpayers for every 1 person collecting.  Can it continue at that ratio? Does it need reforms? Doesn’t that mean more taxation?

Taxation on the SS

Make the best decision you can based on your circumstances.

What can you expect when you decide to receive your benefits?

·      Survivor’s benefits, Surviving Children Benefit, Widows and ex-spouses

*** Rose has gone on record to say that they only way SS Benefits don’t disappear completely is if the Government Increases your SS payroll tax. And she opposes more taxation. What do you think?

Should we keep our money and invest for our future on our own?

Purchase the book:

https://www.amazon.com/Social-Security-Simple-Tom-Margenau/dp/1949673502

More from Tom:

https://www.creators.com/author/tom-margenau