Friday, April 25, 2014

The Bound Brook Library presents...Savvy Social Security Planning: What Baby Boomers Need to Know to Maximize Retirement Income

Tuesday, April 29 at 7:00 p.m.
Bound Brook Library
402 E. High St.
Bound Brook, NJ 08805
(732) 356-0043
Directions: http://www.somerset.lib.nj.us/boundbrook.htm

Social Security is far more complicated than most people realize. The decisions baby boomers make now can have a tremendous impact on the total amount of benefits they stand to receive over their lifetime.

 Questions boomers are asking include:
• Will Social Security be there for me?
• How much can I expect to receive?
• When should I apply for Social Security?
• How can I maximize my benefits?
• Will Social Security be enough to live on in retirement?

 To help baby boomers better understand the Social Security system, this workshop will cover:
• 5 factors to consider when deciding when to apply for benefits
• When it makes sense to delay benefits -- and when it does not
• Why you should always check your earnings record for accuracy
• How to estimate your benefits
• How to coordinate benefits with your spouse
• How to minimize taxes on Social Security benefits
• How to coordinate Social Security with your other sources of retirement income

Presented by Michael Aloi, Certified Financial Planner™
Not-for-profit, The Society of Financial Awareness

This program is free and open to the public. Call (732) 356-0043 to sign up or click on http://www.libraryinsight.net/eventdetails.asp?jx=jbp&lmx=379404&v=3 to register online.

Patrons with further questions can call the Bound Brook Library at (732) 356-0043 or enter the website at http://www.sclsnj.org. The Somerset County Library System has branches in Bridgewater, Bound Brook, Hillsborough, Manville, at the Mary Jacobs Library in Rocky Hill, North Plainfield, Peapack & Gladstone, Somerville, Warren Township and Watchung.

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