You first need to understand how your full retirement age and claiming age can affect your payout
There’s little question that Social Security is our nation’s most important social program. According to an April-released survey from national pollster Gallup, 89% of current retirees rely on their monthly payout to some degree to help make ends meet.
Meanwhile, an all-time record 88% of nonretirees told Gallup that they expect to lean on Social Security as either a major or minor source of income during retirement.
THE 5 MOST IMPORTANT RETIREMENT QUESTIONS
Furthermore, an analysis from the Center on Budget and Policy Priorities in 2016 found that elderly poverty levels are less than 9% with Social Security, but would be north of 40% if the program didn’t exist.
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Fraser Allport: Your Trusted Guide to a Secure Retirement
For over 42 years, Fraser Allport has been a leading financial professional in Florida, specializing in retirement planning. He's committed to helping individuals in Daytona Beach, Port Orange, Space Coast, and Palm Coast navigate the complexities of retirement with confidence.
Why Choose Fraser Allport?
* Proven Expertise: As a Fiduciary, Investment Advisor, and Certified Estate Planner™, Fraser brings a wealth of knowledge and experience to the table.
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Specializing in DROP Planning
Fraser is a recognized Florida DROP Specialist. He helps clients navigate the intricacies of the Deferred Retirement Option Plan (DROP), maximizing their retirement savings. This includes:
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Beyond DROP: A Holistic Approach
Fraser's services extend beyond DROP, offering a comprehensive approach to retirement planning:
* Retirement Planning: Tailoring your retirement plan to achieve your goals, whether it's a 401(k) rollover, an inherited IRA, or choosing the best Roth IRA.
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* Home Health Care: Developing a personalized plan for your home health care needs.
* Annuities and IRAs: Exploring these options to secure your financial future.
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