Don't Miss Out on a Comfortable Retirement: Your Guide to Claiming All Your Entitlements and Benefits!

Did you know that apparently only 4% of retirees claim their Social Security benefits at the optimal time?—according to a study by United Income. And because of that timing issue, people are missing out on an average of $111k per household! So let's break it down and figure out how you can make sure you're getting every single penny that's coming your way when the time comes. Are you ready for this?

Understanding Social Security: Not Just for Old Folks

Believe it or not, social security is more than just a retirement fund. It also provides financial support for those with disabilities. However, like most things in life this too has imperfections but that shouldn't deter anyone from understanding the process. Disability judge approvals vary greatly depending on factors such as region or even the individual judge. These disability approval rates can range from 34% all the way up to 81%! What's often not talked about are inconsistencies which could potentially leave deserving individuals without much-needed assistance. So what should you do if this were to happen? As the saying goes "two heads are better than one"; consulting with a knowledgeable attorney or advocate who specializes in social security and disability law can make all the difference in ensuring you receive proper guidance throughout this often-confusing process. Also gathering thorough documentation of medical records, work history and other relevant information can greatly impact their chances of approval. So make sure you're well-prepared with everything needed for your application—this is definitely a #1priority! And there’s one more step: believe it or not; many initial applications are denied due to inconsistencies or missing information—but don't lose hope! If you genuinely believe you're entitled to benefits; it's important to appeal any unfavorable decisions made by a judge. Remember—an obdurate spirit often leads to success!

Maximizing Your Retirement Benefits: Timing Is Everything

When it comes to claiming your Social Security benefits after retirement many still wonder just how on earth they can ensure they're making the most of what they've contributed over their working years. This is why it’s true that waiting until your full retirement age—or even later—can actually lead to higher monthly payments. Some were surprised when learning that if they delay taking their benefits past full retirement age; payments increase by approximately 8% per year until age 70!

​Navigating Healthcare Options: Medicare and You

As the saying goes "health is wealth" henceforth healthcare options become vital during our golden years. From Medicare Part A (hospital insurance) all the way through Part D (prescription drug coverage); understanding your options and selecting plans best suited for your needs becomes #1priority. Don't be flabbergasted by the seemingly overwhelming array of options; instead, take your time and do your research to ensure you're well taken care of when it matters most.

​The Moral of the Story: Knowledge Is Power

​What was a total surprise is that being proactive about understanding benefits and welfare after retirement can truly make all the difference in securing a comfortable future for ourselves. When you think about it; taking charge of our own financial well-being in our golden years augurs well for leading happy, secure lives. And that's something we all deserve!