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by Chris Waltzek
GoldSeek Radio
Chris welcomes back Dr. Laurence Kotlikoff, author of the Inform Act signed by 17 Nobel Laureates (click to sign). His latest NY Times Bestseller, Get What’s Yours: The Secrets to Maxing Out Your Social Security, outlines must know tips on how the Social Security law has changed. Key secrets require action before April 30, 2016. If you or your spouse or friends / family turns 66 by then, this is a must read stocking stuffer. What will you or your parents do, if they live longer than expected? Although a long-life can be a blessing, without proper planning, the longevity risk and the financial strain could be overwhelming. The professor outlines simple steps to increase monthly benefits by at least 6%, which can translate into tens of thousands of additional benefits per year and hundreds of thousands over a long retirement. He shares an example from the book of a 63 year old lady who suspended retirement funding and wished to restart benefits a few years later at a much higher rate.
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