Average is not good enough â€¦ Our goal at Family Investment Center is excellence. We find excellent investment products and supervise an excellent service package. We maintain a library of excellent research materials and financial planning resources. We also demand top safety and security for our clients.
We wonâ€™t settle for average. We continually seek top managers or securities and meld them into superior custom portfolios. Each palette of investments is carefully tailored to personal or family goals. We enlist excellent managers, research, resources, and effort for our clients. Donâ€™t settle for average. You deserve excellence.
Please search our blog posts for answers to common investment questions, and we look forward to sharing our knowledge and experience with you first-hand.
Professional Investment Advice Can Help With Stress
The Importance of Professional Investment Advice During Key Life Changes
Recent findings from a Merrill Lynch study found that widows get faulty Social Security information from agency representatives almost 82% of the time. Losing a partner is an emotional and stressful experience, and failing to get the right investment advice shouldnâ€™t be a part of that.
According to a Merrill Lynch and Age Wave survey titled â€śWidowhood: The Loss Couples Rarely Plan For â€“ And Shouldnâ€™t,â€ť half of the widows surveyed experienced a decline in income of 50% or more, and more than half said they didnâ€™t have a plan for widowhood.
Claiming Social Security survivor benefits shouldnâ€™t be complicated, but for many new widows it is a difficult process. In the best of situations, a widow might claim survivor benefits upon retirement, then wait until theyâ€™re 70 to claim their own benefits. Itâ€™s in a situation like this where the benefits are often maximized.
An Investment News article in early October relayed the details of the authorâ€™s friend, who made three phone calls to the Social Security Administration (SSA) and was told by representatives that she wasnâ€™t entitled to survivor benefits because her own benefits were larger.
The reason for denying these benefits, according to the article, is that the SSAâ€™s â€śdeemed filingâ€ť rules require that a person born after January 1, 1954, file for benefits at the time of the claim. However, the deemed filing rule doesnâ€™t apply to survivor benefits, which means many individuals could be living with the ramifications of incorrect information.
At Family Investment Center, we offer Social Security maximization services, and we help our clients know and understand the many Social Security options that are available. Knowing the options and how theyâ€™ll impact your future is important in every stage of life. Letâ€™s schedule a time to talk about how our team can make sure you know all your choices.