He's Gone But The Money's Not

Social Security plays a very important role in your finances. It’s not the most interesting topic and can be complex but you should be educated on the basics of this system as many people unknowingly discount the impact Social Security will have on their retirement or for their survivors. Here are some topics we cover:
  • Will Social Security be there for me?
  • At what age can I take Social Security?
  • What is the spousal benefit?
  • How do I know how much I get?
  • Should I delay taking my benefits?

Check out our next episode, Part 2, for information on survivor and spousal benefits from Social Security.


Resources

Zippia. "30+ Social Security Statistics [2023]: Average Social Security Benefit" Zippia.com. Dec. 12, 2022, https://www.zippia.com/advice/social-security-statistics/

AARP “How Does Social Security Work When A Spouse Dies?” aarp.org. May 05, 2023, https://www.aarp.org/retirement/social-security/questions-answers/social-security-spouse-dies.html#:~:text=If%20you%20are%20below%20full,on%20his%20or%20her%20own.

Social Security Website  https://www.ssa.gov

Social Security Webiste, Windfall Elimination Provision https://www.ssa.gov/benefits/retirement/planner/wep.html

Social Security Website, Government Pension Offset https://www.ssa.gov/benefits/retirement/planner/gpo-calc.html

PBS. “What Social Security’s Survivors Planner won’t tell you about taking widows benefits” pbs.org. Jun 16, 2014,  ttps://www.pbs.org/newshour/nation/what-social-securitys-survivors-planner-wont-tell-you-about-taking-widows-benefits


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What is He's Gone But The Money's Not?

Being a widow comes with a variety of unique challenges—including facing the dreaded personal finances. But maybe with the right tools and the right attitude, it doesn't have to be so bad. On He's Gone but the Money's Not, hear success stories of widows who have made it through the financial forest after losing their spouses. Learn how they cope with and address their personal finances after their world has turned upside down. Hosts Summer and Nicole bring these stories to light and will help you understand key financial topics that will put you on the road to financial success.