How Are Your Social Security Benefits Calculated?
We all think we know the basics about Social Security, but do we really understand how much your benefits can vary? Your full retirement age is generally between 66 and 67, depending on the year you were born. Your monthly benefit, often referred to as your Primary Insurance Amount (PIA), is based on your highest […]
Long-Term Care Planning for Couples
Did you know that someone turning 65 has about a 70% chance of needing long-term care services during their lifetime? Unfortunately, the story doesn’t end there. About 20% of that group could need care for five years or more. If you’re a couple age 65 or older, you now face double the odds, but still […]