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Jeffrey Stevens, Founder of Preferred Retirement Strategies Announces Publication on Social Security Claiming

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Jeffrey Stevens, Founder of Preferred Retirement Strategies Announces Publication on Social Security Claiming

Published on December 22, 2022

Jeffrey Stevens announces a new publication his firm has come out with to educate pre-retirees on Social Security claiming options.

Stevens says, “At Preferred Retirement Strategies, we help our valued clients develop a clear understanding of their Social Security benefits and educate them on the right time to start accepting their benefits. Delaying your benefit may potentially increase your benefit amount by as much as eight percent per year. There is a lot to know about Social Security, and you need to be educated so that you head into retirement with a plan on exactly how you will rely on your benefits. Our firm is committed to helping you get the most you can from your benefit, so you can take one step closer to the comfortable and enjoyable retirement you’ve been working so hard for! To help ensure you are maximizing your Social Security benefit, you should have a firm understanding of this complex matter.”

Social Security is a crucial part of many people’s retirement planning. The Social Security Administration (SSA) estimates that about 60% of elderly Americans rely on Social Security for at least half of their income.

For most people, deciding when to claim Social Security benefits is one of the most important financial decisions they will make in retirement. The key to making the right decision is understanding how Social Security works and fits into an overall retirement plan.

Here are some things to consider when making claiming decision:

Full Retirement Age

The full retirement age (FRA) is the age at which someone is eligible to receive full Social Security benefits. For people born between 1943 and 1954, FRA is 66. For those born in 1960 or later, FRA is 67. If they claim benefits before reaching FRA, their benefit will be reduced.

Life Expectancy

Life expectancy is an essential factor to consider when claiming Social Security benefits. Generally speaking, the longer someone is expected to live, the more advantageous it is to delay claiming benefits. This is because Social Security benefits are designed to replace a more significant portion of working income if they claim them later in life. For example, if they claim benefits at age 70 rather than 62, their benefit will be 28% higher. This can make a big difference in their overall retirement income.

Health Status

Health status is another critical factor to consider when making Social Security claiming decision. Generally speaking, the healthier someone is, the longer they can expect to live. Waiting to claim Social Security benefits may be advantageous if someone is in good health. On the other hand, if their health is not good and they don’t expect to live a long life, it may be better to claim benefits earlier. This is because they’ll want to maximize the time they spend receiving benefits.

 The Bottom Line

Deciding when to claim Social Security benefits is a complex one. There are a lot of factors to consider, and there is no single right or wrong answer. The best thing that can be done is to become educated about how Social Security works and how it fits into the overall retirement plan.  

About Jeffrey Stevens

Jeff Stevens provides clients with custom-tailored investment strategies to meet short and long-term goals. As a fiduciary, Jeff is obligated to put his clients’ interests first. His objective is to help individuals, families and businesses develop innovative financial strategies that result in financial clarity, security, and overall financial health.

Jeff specializes in wealth creation, wealth conservation, personal financial planning, business planning and estate planning. He works with clients to secure their retirement by maximizing their retirement income to keep pace with inflation and reduce market risk.

Jeff is a member of the National Association of Insurance and Financial Advisors and is a life and qualifying member of the Million Dollar Round Table.

Jeff grew up in Brooklyn and Long Island. He enlisted at seventeen and served honorably in the United States Marine Corps. Upon discharge from the service, Jeff worked as an electrical engineer and enrolled in Nassau Community College. After earning an Associate’s Degree, Jeff entered the insurance and financial services industry and continued his education at Rutgers University where he received a BS in Management.

Jeff resides in Freehold, New Jersey with his wife, Marge. They have two adult children and three grandchildren. Jeff is an avid sportsman and enjoys freshwater and saltwater fishing and vacationing with his family.

Ensure a successful and dignified, retirement without financial worries.

Learn More: http://www.preferredretirementstrategies.com

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International Number One Bestseller About Belief In God Avoids “Religion”

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International Number One Bestseller About Belief In God Avoids “Religion”

Published on February 22, 2024

Imagine 70 International Thought Leaders– scientists, engineers, political leaders, journalists, corporate leaders, artists, media influencers, professors, even former atheists– all answering a simple yet profound question in 500 words or less: “Why do you believe in a God?“

“Why do you believe in a God?“

In today’s world, why should anyone believe in God? At a time when church membership is falling and the world seems to be skidding off the rails, this question launched a quest, and that quest has become a runaway bestseller… for skeptics AND believers alike.

That’s what happened when the editors of Elevator Pitches for God: 70 One-Page Essays by Thought Leaders On Why They Believe offered each author a single page on which to share their personal spiritual journey, to reveal how they arrived at their conclusion that God exists, and how it affects their daily life.

“We sought out interesting, thoughtful people with a wide range of backgrounds and experiences,” says Ron Kardos, one of the two editors along with Bruce Licht, who added, “We didn’t give the authors any direction about what to write. They all had their own ideas about how to approach the subject. We didn’t know what they were going to discuss until we received their essays.”

“There seems to be a groundswell of interest and a real need for a non-religious conversation about God. The world is desperate for meaning, purpose, and wisdom; a glance at social media will show you that the struggle is real.”

Proceeds will go to support For Good and For All, Inc., a non-profit 501(c)(3) media platform that is not political in any way, whose mission is to facilitate frank discussions about important issues that matter to humankind.https://EP4G.com

Feedback from readers reflects the power of this approach:

“At last! A book about God that won’t turn off skeptics. This book is for people who wonder ‘Why do so many people believe in God?’”

“A fascinating read. It has so many different perspectives from so many different people. You’re sure to find many essays that talk to you about why well-known and thoughtful people accept God.”

“They… approach the topic from every conceivable perspective (e.g., science, nature, and art) and a range of religious backgrounds (including Christianity, Islam, and Judaism).”

“There is no effort to turn the skeptic into a believer and certainly not to promote any religion. So it is a very “safe” book for both skeptics and believers to have in the home.”

Elevator Pitches for God: 70 One-Page Essays by Thought Leaders On Why They Believe is available in Kindle, hardcover, and audiobook editions on Amazon and at For Good and For All, Inc. (ep4g.com)

About the authors

Ron Kardos

Ron grew up in Los Angeles and graduated from UCLA with a BA in Economics. After college, Ron and his college roommate started businesses in autos, finance, and real estate. A spiritual late bloomer, Ron devotes much of his time to learning.

Bruce Licht

Bruce grew up in Lafayette, California and received a BA in Political Science from UCLA, and a Graduate Gemologist degree from the Gemological Institute of America. After graduating, Bruce operated his family’s retail business for twenty-two years before changing careers and joining a national technical publishing company for seventeen years, serving as the company’s publisher.

For more information or to contact the authors directly,

(650) 533-0675

Books are available at special discounts when purchased in bulk for sales promotion, fundraising, or educational use. Special editions can also be created to specifications. For sales inquiries, contact us at the address below or email us at: sales@ep4g.com.

For all permission requests, please contact us in writing at the address below or email us at: permissions@ep4g.com.

For all other information, contact: info@ep4g.com.

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Jim Billington, Managing Director of Wealth Pilots, Interviewed on the Influential Entrepreneurs Podcast Discussing The 5 Risks of Retirement

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Jim Billington, Managing Director of Wealth Pilots, Interviewed on the Influential Entrepreneurs Podcast Discussing The 5 Risks of Retirement

Published on February 22, 2024

Jim Billington discusses the importance of understanding the five risks of retirement. 

Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-jim-billington-managing-director-of-wealth-pilots-discussing-the-5-risks-of-retirement/

In this enlightening episode of “Influential Entrepreneurs,” Mike interviews Jim Billington, the Managing Director of Wealth Pilots. The conversation centered around the critical topic of the five main risks that retirees face, which traditional financial advisors often overlook.

Jim emphasized that while many advisors claim to be fiduciaries, they frequently fail to address these five pillars of risk that are crucial for retirees. Wealth Pilots, on the other hand, specializes in retirement planning and focuses on protecting clients from these risks. The five risks mentioned were:

Longevity Risk: The danger of outliving one’s retirement savings.

Market Risk: The potential for investment losses due to market fluctuations.

Interest Rate Risk: The risk associated with changes in interest rates affecting investment values, particularly bonds.

Tax Risk: The uncertainty surrounding future tax rates and the impact on retirement income.

Long-Term Care Risk: The high costs associated with long-term care can deplete retirement savings.

Jim highlighted the importance of a holistic approach to retirement planning that addresses these risks. He criticized the Wall Street model for not providing adequate protection against these risks and for not being transparent about the true nature of fiduciary responsibility.

One strategy Jim recommended involves using advanced annuities that offer principal guarantees, lifetime income benefits, and the potential for tax diversification through Roth conversions. These annuities can also include benefits that double for long-term care needs, providing a comprehensive solution to the risks retirees face.

In this episode, Jim’s insights provide valuable guidance on creating a retirement plan that can withstand the test of time and market volatility.

Jim explained: “One key factor that the Wall Street fiduciaries do not address is that downside market risk, that type of volatility will kill income and over time that will significantly endanger the longevity risk of your portfolio and risk sending your portfolio into a downward depletion or implosion-type of scenario.”

About Jim Billington

Jim started in Retirement Preservation Planning 22 years ago as the Tech Bubble started moving towards a meltdown and he saw Wall Street throwing out all the fundamentals and taking too much risk with people’s nest eggs. He is a second-generation financial manager as his Father was the Regional Director of the Nation’s largest Brokerage firm. He saw an alarming lack of expertise when transitioning people from the asset accumulation phase to the asset preservation and distribution phase of retirement. At Wealth Pilots, they are dedicated to helping clients make the critical decisions necessary to avoid the unnecessary and avoidable risks of retirement such as longevity risk, market risk, and tax strategies to maximize income.

Learn More: https://www.wealthpilots.net/

Recent news and interviews:

  • Jim Billington Discusses The Retirement FLIGHT Plan:

https://authoritypresswire.com/jim-billington-managing-director-of-wealth-pilots-interviewed-on-the-influential-entrepreneurs-podcast-discussing-the-retirement-flight-plan/ 

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Interview with Rich Scott, Vice President of Growth at milehimodern, Interviewed on the Elite Real Estate Leaders Podcast

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Interview with Rich Scott, Vice President of Growth at milehimodern, Interviewed on the Elite Real Estate Leaders Podcast

Published on February 22, 2024

Rich Scott discusses the top qualities a realtor needs to consider when looking to join a real estate brokerage to succeed. 

Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-rich-scott-vice-president-of-growth-at-milehimodern/ 

In a competitive market where real estate professionals vie for the pinnacle of success; the choice of brokerage can be the deciding factor. The informed Realtor knows this: not all brokerages are created equal.

Do people have their sights set on achieving peak performance in the real estate industry? Are they poised to align with a brokerage that will catapult their career into the stratosphere of success? If so, this is unveiling the top qualities people, as a discerning Realtor, need to meticulously evaluate before joining a real estate brokerage.

Support Structures and Resource Accessibility

The growth necessitates robust support. The premier brokerage stands ready to arm people with top-notch training programs, marketing tools, and technology platforms. Why settle for less when people can have the best?

Reputation and Brand Power

How does the brokerage stand in the market? An influential brand that resonates with both buyers and sellers can lend people unmatched credibility and visibility. Remember, the power of a reputable brand affords a head start right out of the gate.

Cultural and Environmental Fit

Is the brokerage environment one that fuels the realtor’s ambition? A culture that fosters collaboration, innovation, and recognition is not just ideal—it’s essential. Realtors should choose to surround themselves with like-minded professionals who aim to revolutionize the industry.

Commission Structure and Earnings Potential

The hard work deserves equitable reward. Has the brokerage tailored a commission structure with people’s financial prosperity in mind? Realtors must optimize their earning potential by choosing a firm that values their contribution and understands their worth.

Technological Innovation

In today’s fast-paced market, being technologically proficient is key. Do people’s prospective brokerage leverage cutting-edge technology to streamline transactions and enhance client interactions? It’s time to harness the power of innovation to redefine the boundaries of what they can achieve.

Professional Development Opportunities

Never underestimate the power of progress. A brokerage dedicated to professional development is the wind beneath its wings. Will a brokerage invest in realtor development?

Rich said: In the dynamic world of real estate, a realtor’s success is not solely marked by their ability to close deals or their knowledge of the market—they are often products of the brokerage with whom they associate.”

Before committing, realtors can ask themselves: Does the brokerage have these qualities? If not, it’s time to reevaluate. It is important to understand the caliber of brokerage that high-achieving realtors deserve.

Randal Tinsel, a client of Rich Scott’s shared: “Impeccable and knowledgeable professional. Rich knows his business. He was fabulous at keeping me appraised of offers and any potential issues that may prevent top offers. I live out of the city where the home is located Rich handled every detail to perfection.”

 

About Rich Scott

Rich, affectionately known as the “Bow Tie Broker,” brings an impressive background and a unique approach to building strong client relationships.

With a Master of Business Administration and over 20 years of military service, Rich’s expertise is a valuable addition to milehimodern. His two decades as a U.S. Army Officer, with deployments to various countries worldwide, have allowed him to build lasting relationships that now benefit his clients in international real estate transactions. He also served as the managing broker of a nationally recognized real estate brokerage, where he led the office to become the number one office in Colorado and 19th in the nation.

As a Military Relocation Professional, Rich’s commitment to excellence is underscored by his dedication to continuing education and service. His passion for real estate is driven by a desire to serve others while helping clients build wealth through real estate investments. Clients consistently praise Rich for his meticulous attention to detail and unwavering commitment to their success.

Learn more:

https://www.mhmhomes.com/agent-detail/79043/rich-scott  | https://www.linkedin.com/in/richscottjr

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