Freeman's Blog


January 20th, 2014 by

photo credit: G. J. Charlet III via photopin cc

Most likely, retired partners and spouses who have been together for a while will end up arguing about the things they always argue about. Being retired just means that you’ll be able to argue during working hours.

Never argue about how you want to exit this life

There is one late life event, however, where you want communication as frictionless as possible and that’s in planning your exit from life. How we want to die and our preferences for care at end of life are discussions that deserve careful, and kind, consideration. Too many of us avoid having necessary conversations about end-of-life care until it’s too late and a crisis has occurred. Does your loved one know your preferences and values for how you want to die? Do you know his/hers? Let’s not let saying goodbye be a time of contention and confusion.


Estate Planning: Just Ask Freeman

There’s never a perfect time to talk about passing away. But, it’s a vital part of retirement planning. Let me be your guide for this process of your retirement strategy. Call me for a free consultation 833.313.7233.

January 17th, 2014 by

Maximizing the Social Security payments may mean the difference between poverty and a relatively comfortable retirement. Life-expectancies have increased dramatically over the years, and 50% of the people will live longer than their life-expectancy by definition, and some much longer.

The best strategy for taking Social Security depends a lot on personal situations

First consider working longer in order to delay the start of Social Security. Starting a year later can increase payments by as much as 8% each year. Those increased amounts are inflation adjusted to boot.

An alternative to working longer is to use enough savings to get the same income as will come later from Social Security. These amounts can be sizable. A good approximation for the amount of savings required is the annual amount that will come from Social Security at the older age (in today’s dollar values as are quoted by the SSA) multiplied by the years of delay.

It seldom pays to start Social Security before a person’s full-retirement-age (FRA)

It seldom pays to start Social Security before a person’s full-retirement-age (FRA)which is a little over 66 for most people. This is especially true if continuing to work because people can lose as much as $1 of Social Security for every $2 of earned income over about $15,000.

For most couples where at least one partner will live past 80, it’s hard to beat getting over 70% more than starting Social Security early if the primary wage earner delays until 70 and the low-wage-earning spouse begins at the low earner’s FRA. Depending on age differences between spouses, payments can be enhanced using File & Suspend or simply Suspend strategies to maximize spousal benefits while the primary wage earner delays the start past the FRA. These alternatives are described on

When both spouses are working and the lower income spouse’s FRA benefit is more than 50% of the higher income spouse’s FRA, then one of the spouses may increase the couple’s total benefits by filing a Restricted Application to get a spousal benefit and then later draw a larger benefit by delaying the start till as much as age 70.

Don’t Navigate Retirement Alone: Just Ask Freeman

Knowing what your options are is a huge part of decreasing the stress of retirement planning. So, let me help you navigate your retirement strategy so you never out live your resources and you keep your money safe! Call me at 833.313.7233 for a free consultation on how to get started.

January 16th, 2014 by

photo credit: Anguskirk via photopin cc

Blacksmith, cobbler and travel agent: What do these jobs have in common?

On the one hand, all three jobs appear to be obsolete. But horses and people still need shoes repaired, and people still need help making travel plans. These jobs have not disappeared, then, but they have changed radically over time. The mistake some individuals make in starting a second career is that the “new” career is not much different from the “old” career. This would be like the travel agent thinking he or she can reinvent him- or herself using the same old computer program to book flights.

A second career has to be different

A second career, then, has to be different from the original career by taking into consideration all of the social and technological changes that have reshaped what it looks like. While it is true that younger individuals who grew up with a rattle in one hand and an iPad in the other have a distinct advantage in terms of computer technology, there is no reason why older individuals can’t acquire this. Even when a completely different type of career is sought, an individual must be attuned to new trends and open to being retrained.


Preparing For Retirement: Just Ask Freeman

Retirement doesn’t have to be a difficult or scary step in your life. In fact, with early planning, you will begin to look forward to the days of starting a new career or being able to take as many vacation days as you desire. But, in order to be ready for retirement, you need a retirement strategy and comprehensive plan to never out live your resources. Let me help you get there!

Call Toll Free: 833-313-7233 for a free consultation.