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#53 - Q&A: Living Trusts, Social Security, and Protecting Your Retirement

Women and Retirement Retirement Income Social Security Estate Planning Retirement Planning


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Retirement planning can feel overwhelming, especially when faced with difficult questions about protecting your assets, Social Security benefits, and market uncertainties. 

In this episode, I answer listener questions about whether to choose a living trust or a will, explain how Social Security benefits work for widows and divorced women, and discuss how to prepare your retirement income for market ups and downs. I also share practical tips on building a financial safety net and touch on the importance of tax planning through retirement stages.

Tune in to learn about:

  • The considerations involved in deciding between a will and a living trust, emphasizing the importance of privacy
  • How divorce can affect Social Security benefits, and whether it's possible to receive higher benefits based on a former spouse's record
  • The Social Security Fairness Act and how it impacts individuals, specifically teachers, receiving both a pension and Social Security
  • Strategies to preserve your retirement
  • The conditions under which children can receive Social Security retirement benefits, a topic that is not frequently discussed
  • And more!

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