Post by Sapphire Capital on Aug 15, 2008 21:46:11 GMT 4
A Guide to Starting Social Security Benefits
Richard L. Kaplan
University of Illinois College of Law
Journal of Retirement Planning, July-August 2008
U Illinois Law & Economics Research Paper No. LE08-025
Abstract:
When a person should begin taking Social Security retirement benefits is a critical question for planning one's retirement. This article explains the various factors at play in determining the optimum starting point, including: longevity considerations; spousal implications, whether for a previously employed or a previously unemployed spouse; the impact of post-retirement employment; the availability of health insurance prior to Medicare eligibility for the worker and the worker's spouse; alternative sources of retirement income, including distributions from retirement savings plan assets and lifetime liquidation of nonretirement assets (and the pertinent income tax ramifications); and anticipated investment strategies.
papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1192902_code242499.pdf?abstractid=1192902&mirid=2
Richard L. Kaplan
University of Illinois College of Law
Journal of Retirement Planning, July-August 2008
U Illinois Law & Economics Research Paper No. LE08-025
Abstract:
When a person should begin taking Social Security retirement benefits is a critical question for planning one's retirement. This article explains the various factors at play in determining the optimum starting point, including: longevity considerations; spousal implications, whether for a previously employed or a previously unemployed spouse; the impact of post-retirement employment; the availability of health insurance prior to Medicare eligibility for the worker and the worker's spouse; alternative sources of retirement income, including distributions from retirement savings plan assets and lifetime liquidation of nonretirement assets (and the pertinent income tax ramifications); and anticipated investment strategies.
papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1192902_code242499.pdf?abstractid=1192902&mirid=2