Anne/Ann Tergesen
speaker
27 appearances
1 recordings
1 series
first heard Sep 2023
last heard Sep 2023
Anne/Ann Tergesen’s voice in public audio — every appearance, attributed to the second.
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Appearances
A million dollars is just a benchmark that a lot of people have in their heads.
They think a millionaire is wealthy.
Financial services companies will use that as a point of illustration just because it's a nice, round, clear number.
The value, if you can, of deferring or delaying Social Security is huge because that's an annual income that's guaranteed to last as long as you.
And if you can maximize that income, that's helpful.
So the value in that is that for every year that you delay, your Social Security benefits get adjusted upwards as much as 8% per year, given the fact that younger people today are likely to live longer
There's a huge value in locking in the highest social security you can because that's an income that's going to continue for as long as you live at a higher level.
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