How To Increase Your Retirement Income || Live Retirement Income Strategies
In this livestream I want to talk about creating retirement income and how you can increase your retirement income with these retirement income strategies.
When you are doing your retirement planning and calculating out retirement income needed, looking at these three retirement income strategies will help you with your retirement planning .
So what are three ways that you can increase your retirement income?
1. Maximize your Social Security benefits
This is the simplest way to increase your retirement income. Social Security benefits in claiming Social Security is one of the biggest decisions in your retirement. Why do you take Social Security at 62, 67, or 70 is determined by your individual retirement plan. This needs to be a decision that is carefully thought out and planned out in your retirement income strategy.
2. Catch-up contributions
If you're over the age of 50 an
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)