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Dismantling 2023’s Top 10 Social Security Myths (Part 1)

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Manage episode 363054650 series 3470804
Content provided by Kyle Hammerschmidt. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kyle Hammerschmidt or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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In this episode, we'll be debunking common myths about Social Security and answering the questions you've been curious about. Since we have a list of 10 to breakdown, we’ll divide it up into two episodes so make sure you check out both.
Here are the myths we’ll discuss today:

  • The Social Security Administration will help you make the best decision about when to start your benefit. (2:17)
  • You won’t get any Social Security if you’re a stay-at-home parent. (4:26)
  • You won’t pay taxes on Social Security. (6:09)
  • Social Security will run out of money by the time you retire. (8:03)
  • You should claim Social Security as soon as you’re eligible. (10:56)


Helpful Info:

Kyle's website: http://www.mokanwealth.com/

Phone: 913-257-3991

Subscribe to The Retire Ready Weekly Newsletter
Get more information on The Retire Ready Academy
Looking for personalized financial planning? Visit our website
Disclosure: You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. This podcast is intended for educational purposes only. Nothing in this podcast constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. MOKAN Wealth Management is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.

  continue reading

117 episodes

Artwork
iconShare
 
Manage episode 363054650 series 3470804
Content provided by Kyle Hammerschmidt. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kyle Hammerschmidt or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Send us a text

In this episode, we'll be debunking common myths about Social Security and answering the questions you've been curious about. Since we have a list of 10 to breakdown, we’ll divide it up into two episodes so make sure you check out both.
Here are the myths we’ll discuss today:

  • The Social Security Administration will help you make the best decision about when to start your benefit. (2:17)
  • You won’t get any Social Security if you’re a stay-at-home parent. (4:26)
  • You won’t pay taxes on Social Security. (6:09)
  • Social Security will run out of money by the time you retire. (8:03)
  • You should claim Social Security as soon as you’re eligible. (10:56)


Helpful Info:

Kyle's website: http://www.mokanwealth.com/

Phone: 913-257-3991

Subscribe to The Retire Ready Weekly Newsletter
Get more information on The Retire Ready Academy
Looking for personalized financial planning? Visit our website
Disclosure: You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. This podcast is intended for educational purposes only. Nothing in this podcast constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. MOKAN Wealth Management is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.

  continue reading

117 episodes

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