Listen to Scott on XL106.7, Orlando's #1 Radio Station, give some estate planning advice:
Concerned about the recent changes to Social Security? Click below to read Scott Farnworth's article explaining the changes and how they affect you.
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Making the Right Decision on Social Security
Tuesday, January 16th or Thursday, January 18th 6:30-7:30 pm
Oviedo Library, 310 N. Division St., Oviedo FL 32765
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Tax rates are certain to rise during the next 20 or 30 years, perhaps even double, given the size of the federal deficit and all the government’s unfunded liabilities. At Personal Asset Advisors, we show our clients how to achieve a tax-free retirement using a smart five-step approach. They are able to hold onto more of their hard-earned retirement benefits and give the IRS a whole lot less. That translates into a richer, more rewarding retirement for our clients. Want to learn more?
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Inflation is the silent assassin. It relentlessly robs your purchasing power even as you sleep. The stock market, on the other hand, is more violent. Who knows when it will crash next? Most retirees get mugged by one while trying to escape the other. No one has ever showed them how to capture the upside of the stock market while avoiding the downside AND staying ahead of inflation.
Long Term Care is the 800 pound gorilla of retirement planning. It is the single issue most likely to wreck your retirement and sink your financial ship. 72% of us will need it before retirement is over, but only about 10% of us have even explored our options. The cost of long term care MUST be addressed but seldom is. It's a disaster waiting to happen.
If you are a typical American pre-retiree, you will leave ─ literally ─ hundreds of thousands of dollars of lifetime Social Security income on the table because you don't file for your benefits correctly. WHEN and HOW you choose to receive Social Security can have a HUGE impact on your benefits for the rest of your life. Don't squander your largest financial asset.