thought I'd give a nod to Mike Piper. His blog, book and new(ish) open social security calculator was mentioned on cnbc today in recommendations to double check any advice received from social security since a recent report found:
A recent report from the agency's Office of the Inspector General found that bad Social Security advice cost claimants$131 million.
The Social Security Administration did not immediately respond to a request for comment.
source: https://www.cnbc.com/2018/11/23/here-ar ... tions.html
Books: There are also a number of books that explain the program and its benefits, including "Social Security Made Simple" by Mike Piper, author of the Oblivious Investor blog, and "Get What's Yours: The Secrets to Maxing Out Your Social Security" by Kotlikoff.
• Calculators: A number of online or software-based calculators can help you figure out when you should claim.
"You basically have one chance to get it right." -Ed Slott, an expert on retirement planning
Piper's calculator, Open Social Security, is free but doesn't account for child benefits. (When you file for the checks, some people in your family might also qualify for benefits.)
congratulations on the nice mention Mike! (even though it is cnbc
"Invest we must." -- Jack Bogle |
“The purpose of investing is not to simply optimise returns and make yourself rich. The purpose is not to die poor.” -- William Bernstein