Social Security Retirement Attorney in Los Angeles
Choosing when to retire is one of the most important decisions you will make in your lifetime.
If you choose to retire only when you reach your full retirement age, you will receive 100 percent of your retirement benefits. But if you retire before reaching your full retirement age, you will receive reduced benefits for the remainder of your life.
With these factors, you should talk to your Social Security retirement attorney for more insights.
How much will you receive?
If you work past your full retirement age, you will get full retirement benefits no matter how much you earn. If you continue working and decide not to collect your retirement benefits until you reach age 70, you will get higher benefits when you retire.
Meanwhile, if you choose not to collect retirement benefits before you reach your full retirement age, you have to be sure to file for Medicare when you reach age 65. If you do not, you may have to pay a higher premium when you file later.
Indeed, retirement is a big decision to make, especially for employees who are anxious about their future financial resources. One step that can surely help you plan for retirement is your annual checking of your social security statement, which gives you an estimate of monthly benefit amounts you and your family may qualify for now and in the future.
When you review your statement, you may want as well to explore a variety of retirement scenarios using a range of assumptions about your future earnings or when you stop working.
You can continue working and still receive retirement benefits. Your earnings in (or after) the month you reach full retirement age will not reduce your Social Security benefits. However, your benefits will be reduced if your earnings exceed certain limits for the months before you reach your full retirement age.
Once you reach full retirement age, you can keep working and your Social Security benefit will not be reduced no matter how much you earn. For more information about how work affects your benefits, contact your Social Security retirement benefit attorney immediately.
As it is, a secure, comfortable retirement is every worker's dream. And now because we're living longer, healthier lives, we can expect to spend more time in retirement than our ancestors did. Achieving the dream of a secure, comfortable retirement is much easier when you plan your finances. Talking to your Social Security Retirement Attorney can help you a lot to understand everything about your retirement benefits.
Your Social Security benefits are the foundation upon which you can build a secure retirement. Most financial advisors say you'll need about 70 percent of your pre-retirement earnings to comfortably maintain your pre-retirement standard of living.
Under the current law, if you have average earnings, your Social Security retirement benefits will replace only about 40 percent, so you'll need to supplement your benefits with pension, savings, or investments. It is important that if you hire a Social Security Retirement Attorney, choose the one with proven expertise on Social Security Law or on the State’s Law.
Benefits of hiring a retirement benefit attorney
How the Social Security Retirement Attorney can help you now. Your legal counsel provides detailed information about your Social Security retirement benefits under current law and points out things you may want to consider as you prepare for the future. You can ask a Social Security retirement attorney for calculations of the different retirement ages or different future earnings amounts.
If you are already near retirement age, a retirement lawyer can give you instructions on how to apply for benefits and what supporting documents you'll need to furnish. Your retirement attorney will also provide you with relevant information about how members of your family may qualify for benefits with you.
If you want to be assisted by an expert and top notch Los Angeles retirement attorney, then call Social Security Law Attorney today at (866) 998-2545 and take advantage of our free case evaluation and consultation. You may also use the website’s Quick Case Review feature to forward your concerns. We assure that your case will be treated with utmost confidentiality.
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Los Angeles, CA 90038
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