Regardless of the size of your nest egg, Social Security provides a dependable, lifetime income stream that you can depend on. It is the foundation of every retiree’s retirement plan. But it is estimated that retirees will collectively lose $3.4 trillion in potential income by claiming Social Security at the wrong time—impacting lifetime benefits and overall retirement security. 

Most of us spend much more time thinking about accumulating assets for retirement than how these assets get distributed in retirement. Retirement and aging present obstacles that did not exist prior. Starting with Social Security, every decision made in retirement or for retirement could significantly impact your quality of life. 

In this webinar, we address strategies for claiming Social Security and the risks associated with making a wrong filing decision. With Social Security as the foundation, we further address other risks in retirement and how they can be mitigated in building a solid retirement income plan.  

• Identify the Social Security claiming strategies available for individuals, married couples, divorced, and widowed individuals


• Evaluate the impact of one’s claiming decision on the overall retirement income plan


• Outline retirement income planning strategies to mitigate other retirement risks: longevity risk, health risk, market risk, inflation risk, and sequence-of-return risk


• Summarize what to consider in building a solid retirement income distribution plan with Social Security as the foundation