Social Security Analysis

Since Social Security makes up a significant portion of the average retiree's income, it's crucial to understand how the program works. While most people are generally familiar with Social Security, the details can be complicated. With over 2,700 rules and thousands of claiming strategies, deciding when to file can feel overwhelming.

As a Registered Social Security Analyst, Michael Patton can help you navigate the complexities of Social Security and apply it to your specific situation, giving you confidence in your decisions.

Whether you're planning to retire early, trying to maximize your income, or are concerned about spousal benefits, every situation is unique. Taking the time to understand your options ensures you're making an informed choice that supports your long-term goals.

Finding the best strategy for collecting Social Security

Find your Social Security estimate
First, you'll need to get your Social Security estimate at
https://www.ssa.gov/prepare/plan-retirement.

You may need to adjust your Social Security estimates due to a variety of factors
Your benefits may be reduced if you continue to work while collecting Social Security. And depending on your age, your Medicare premiums may be deducted from your payments. You may also be taxed on your benefit depending on your household income.

Develop your plan
Your Social security planning should take into consideration factors such as life expectancy, spousal benefits, and household income.

Which Social Security strategy is best for me?
This decision is strictly dependent on your unique situation.  While the rules apply equally to everyone, your individual circumstances do not.  Be sure to weigh all of your options before making a final decision.  

To get started with an evaluation, simply email the completed questionnaire (PDF version) and we'll be in touch soon!