Posts filed under: retirement

Answers to Reader Social Security Questions

Wednesday, December 10, 2014 | Joe Alfonso, GoLocalPDX Contributor I welcome reader questions and will post responses in periodic columns. Here are some recent questions and my answers....

The Keys to Understanding Social Security Family Benefits

Wednesday, December 3, 2014 | Joe Alfonso, GoLocalPDX Contributor I recently met with a gentleman, whom I will call Fred, whose situation illustrates the unique Social Security planning opportunities available around Family Benefits. Fred is 68 and remarried later in...

Working While Receiving Early Social Security Benefits

Wednesday, November 26, 2014 | Joe Alfonso, GoLocalPDX Contributor Deciding when to begin taking your Social Security retirement benefit is a very important decision for several reasons. When you start your benefit affects how much you receive insofar as there...

5 Key Social Security Strategies For All

Wednesday, November 19, 2014 | Joe Alfonso, GoLocalPDX Contributor No one ever said you could live like royalty on Social Security. The program was always intended to provide a foundation for retirement but not to completely replace one’s working income....

What Older Divorcees Need to Know About Social Security

Wednesday, November 12, 2014 | Joe Alfonso, GoLocalPDX Contributor Sociologists have a name for those who divorce after age 50—“gray divorcees”—and their numbers are on the rise in the U.S. In fact, more Americans in this age group now are...

Response to Reader Questions on Social Security

Wednesday, November 05, 2014 | Joe Alfonso, GoLocalPDX Contributor I received lots of good reader questions related to my recent article discussing the file and suspend strategy for maximizing Social Security benefits. Here are a few, with my answers....

The Social Security Safety Valve: How ‘File and Suspend’ Could Work for You

Wednesday, October 22, 2014 | Joe Alfonso, GoLocalPDX Contributor Many of us have heard about the “file and suspend” strategy used to maximize Social Security benefits for married couples. In this strategy, at full retirement age (FRA) (age 66 if...

How to Make Sure Your Retirement Portfolio Lasts As Long As You Do

Wednesday, October 15, 2014 | Joe Alfonso, GoLocalPDX Contributor Imagine that you‘ve reached the end of a long working career. The house is paid off, the kids have finished college and your retirement savings have grown to be worth $1M...

Social Security Spousal Benefits: Real World Examples of How the System Works

Wednesday, September 24, 2014 | Joe Alfonso, GoLocalPDX Contributor In a previous article, we looked at the general rules governing Social Security spousal benefits. As with all things related to Social Security, it is important to see how the rules...

What Does the Recent Social Security Board of Trustees Report Mean for You?

Wednesday, August 27, 2014 | Joe Alfonso, Personal Finance Expert, GoLocalPDX If you’re relying on the Social Security system to get you through retirement, you might have been confused by the annual report released recently by the system’s Board of...