💵 How is your Social Security benefit calculated?

In Part 1 of our 4-part Social Security series, financial expert Zacc Call explains the Primary Insurance Amount (PIA) - the foundation of your Social Security retirement benefit - and reveals proven strategies to increase your monthly payment.

Whether you're years away from claiming or approaching retirement, understanding how Social Security calculates your benefit is crucial to maximizing your lifetime income. This video breaks down the complex PIA formula into simple terms and shows you exactly what you can do to boost your monthly check.

How to Set Up Your My Social Security Account:

https://youtu.be/B5n4OwOoGTY

Other Useful Videos:

https://youtu.be/KXFqGra9qHI

https://youtu.be/ZetbFdEqi2A

https://youtu.be/NxH2jHzZwFo

Check out our resources at https://TheRetirementNerds.com/

Connect with Zacc's Team at Capita:

CapitaFinancialNetwork.com

=============================

Send me a message!

Erik@TheRetirementNerds.com

==========================================================

Be Sure to Subscribe to our Channel!

=============================

YouTube: @theretirementnerds

============================================================

Join our newsletter for monthly tips, book recommendations, and personal stories!

https://theretirementnerds.com/newsletter/

============================================================

⏰ TIME CODES ⏰

0:00 Intro to this Episode

1:08 The Calculation of AIME

5:50 Bend Points

9:42 How to Increase Your Benefits

15:41 Working Part Time

17:45 Working and Taking SS

25:18 My SSA Account Resources

26:52 When You File Matters

32:00 Medicare Implications

35:10 What's On The Menu

36:55 Where to Get Help

=============================

#medicare #theretirementnerds #socialsecurity #retirementnerds #finance

Federal Disclaimer:

We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.

Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice.

Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.

How much does long-term care really cost — and how do you actually prepare for it? In this video, I sit down with Marc Glickman, President of BuddyIns, to break down everything you need to know about long-term care insurance — from how to get it, what it covers, and most importantly, how to actually use it when the time comes.With average long-term care costs running $6,400 per month or more, this is a conversation every retiree and pre-retiree needs to have. Marc shares his expert insight on navigating the process, avoiding common mistakes, and making sure your policy works for you — not against you.Website to get a quote or connect with Marc:https://partner.buddyins.com/retirementnerdsLong Term Care 101 Video: https://youtu.be/ytsdfesv_ukCheck out our resources at https://TheRetirementNerds.com/=============================Send me a message!Erik@TheRetirementNerds.com==========================================================Be Sure to Subscribe to our Channel!=============================YouTube: @theretirementnerds ============================================================Join our newsletter for monthly tips, book recommendations, and personal stories!https://theretirementnerds.com/newsletter/============================================================⏰ TIME CODES ⏰0:00 Intro0:30 Employer Options3:18 Underwriting4:17 If You Leave Employer5:20 Premium Increases8:20 Under 65 vs Over 6510:30 How to Use a Policy13:20 Where to Get Care16:23 Beware Overinsurance22:15 Gender Implications24:07 Future of Care (Robots?)28:50 Where to get help=============================#medicare #theretirementnerds #socialsecurity #retirementnerds #finance #longtermcareplanning Federal Disclaimer:We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.

💰 Considering an annuity for retirement income? Financial expert Zacc Call breaks down everything you need to know about annuities - how they work, the fees involved, pros and cons, and whether they're the right choice for YOUR retirement.

If you've been approached by a financial advisor about purchasing an annuity, or you're exploring guaranteed income options for retirement, this interview will give you the honest facts you need to make an informed decision.

Get the Annuity Guide shown in the video here:

https://theretirementnerds.com/annuity-guide-download/

Get the Financial Professionals Guide here:

https://theretirementnerds.com/financial-professionals-guide/

Financial Professionals Video:

https://youtu.be/8uC1lgkZUWE

How to reach Zacc's Team:

https://capitafinancialnetwork.com/

Zacc's YouTube Channel:

https://www.youtube.com/@ZaccMoneyEducation

Your Best Financial Year Newsletter:

https://www.capitafinancialnetwork.com/your-best-financial-year

Check out our resources at https://TheRetirementNerds.com/

=============================

Send me a message!Erik@TheRetirementNerds.com

==========================================================

Be Sure to Subscribe to our Channel!

=============================

YouTube: @theretirementnerds

============================================================

Join our newsletter for monthly tips, book recommendations, and personal stories!

https://theretirementnerds.com/newsletter/

============================================================

⏰ TIME CODES ⏰

0:00 Intro

0:25 Who should ignore annuities

3:27 Who should consider annuities

8:20 Different Categories of Annuities

9:50 The Pension Annuity

22:45 The Bond Imitator Annuity

31:08 The Investment Portfolio Annuity

42:28 The Downside Protector Annuity

54:15 Account Value vs Income Value

59:59 The Boxed-In Investor Annuity

1:08:48 The Kitchen Sink Annuity

1:16:10 How Salespeople are Compensated

1:23:57 Deciding on Which

1:32:51 Zacc's Plea

1:33:33 Where to get help

=============================

#annuity #annuities #theretirementnerds #retirementnerds #finance

Disclosure: This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved. Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast. Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.