RETIREMENT PLANNING With Rob Ryan RYAN WEALTH MANAGEMENT THE BASICS OF SOCIAL SECURITY BENEFITS If you are approaching retirement age, you should know the basics of collecting Social Security benefits. Those born between 1943 and 1954 can claim their full benefit (known as the "primary insurance amount") when they reach age 66. While they can begin claiming Social Security benefits as early as age 62, that benefit will be permanently reduced by a specified percentage for each month claimed before recipients receive their benefit before age 66. On the other hand, for each year that people delay claiming their benefits between ages 66 and 70, their benefits increase by eight percent. That means that delaying their claims for all four years gains Social Security recipients a 32 percent bonus At Ryan Wealth Management, retirees and retirees who want comprehensive wealth management plans strategically designed to help sustain wealth, offer long-term growth, and provide financial independence. Everyone has different goals, so it's important to have a unique plan that works for you and your financial situation, both now and in the future. Call us help pre- we today to schedule a Second Opinion consultation Unless retirees have significant savings that enables them to postpone their claim for Social Security benefits until age 70, it generally pays for single individuals to claim at age 66. This material is intended for informational purposes only, and is not intended to be a substitute for specific individualized financial planning advice, as individual situations vary To contact Rob Ryan (530) 671-2100 retire@ryanwealth.com www.ryanwealth.com Go to my website www.ryanwealth.com and request a Second Opinion analysis report! And help answer the question: "Will I outlive my money?" Rob Ryan is a Registered Representative offering securities and advisory services tkrough Reyal Alliance Associates, Inc. . regiatered broker-dealer and regiatered investent adviser, Member FINRA, SIPC. Additional advisary services, inrasce and Estate Planning offered thresgh Ryan Wealth Management are indpendent of Royal Allianoe. Principal of Ryan Wealth Management, Inc. located at 463 Century Park Drive in Yaba Cay CA Insarance L ocas9s9 RETIREMENT PLANNING With Rob Ryan RYAN WEALTH MANAGEMENT THE BASICS OF SOCIAL SECURITY BENEFITS If you are approaching retirement age, you should know the basics of collecting Social Security benefits. Those born between 1943 and 1954 can claim their full benefit (known as the "primary insurance amount") when they reach age 66. While they can begin claiming Social Security benefits as early as age 62, that benefit will be permanently reduced by a specified percentage for each month claimed before recipients receive their benefit before age 66. On the other hand, for each year that people delay claiming their benefits between ages 66 and 70, their benefits increase by eight percent. That means that delaying their claims for all four years gains Social Security recipients a 32 percent bonus At Ryan Wealth Management, retirees and retirees who want comprehensive wealth management plans strategically designed to help sustain wealth, offer long-term growth, and provide financial independence. Everyone has different goals, so it's important to have a unique plan that works for you and your financial situation, both now and in the future. Call us help pre- we today to schedule a Second Opinion consultation Unless retirees have significant savings that enables them to postpone their claim for Social Security benefits until age 70, it generally pays for single individuals to claim at age 66. This material is intended for informational purposes only, and is not intended to be a substitute for specific individualized financial planning advice, as individual situations vary To contact Rob Ryan (530) 671-2100 retire@ryanwealth.com www.ryanwealth.com Go to my website www.ryanwealth.com and request a Second Opinion analysis report! And help answer the question: "Will I outlive my money?" Rob Ryan is a Registered Representative offering securities and advisory services tkrough Reyal Alliance Associates, Inc. . regiatered broker-dealer and regiatered investent adviser, Member FINRA, SIPC. Additional advisary services, inrasce and Estate Planning offered thresgh Ryan Wealth Management are indpendent of Royal Allianoe. Principal of Ryan Wealth Management, Inc. located at 463 Century Park Drive in Yaba Cay CA Insarance L ocas9s9