Jason J. Hamilton, CFP

How Does Taxation of Social Security Benefits Work? Last workshop, we discussed the impact of what you could gain or lose by claiming Social Security earlier or later than your Full Retirement Age. Today, we’ll discuss how the impact of your income will affect whether your Social Security is taxed or not. And if so, how much of your benefit will be subject to your tax rate.... Join us at 2:15pm PST/ 5:15pm EST to learn about Social Security taxation and what to consider if you will be paying tax on your Social Security benefit.

How To Retire - Your Social Security Decision When you claim your Social Security benefit is one of the most important retirement decisions you will have to make. There are benefits and downsides to both claiming early and delaying your benefit date. ... Today we’ll discuss How Will My Social Security Benefit Be Affected By Claiming Early? (Before "Full Retirement Age) and why you may want to delay past the earliest date (62 years old). You’ll find out exactly what you’ll give up by claiming early, what to consider if you are going to delay, and why each person’s situation is unique when determine what is right for you. If you haven’t made your Social Security claiming decision yet, you will want to tune in at 2pm PST/5pm EST to learn what you may gain (or be giving up) by claiming your Social Security at different ages.

Net Worth Statement and Cash Flow Follow Up Raise your hand if you completed your net worth statement and cash flow summary since last week! Raise your hand if you didn’t and got STUCK?!... Well, if you raised your hand that you got stuck I want to help you this week. In today’s workshop, we’ll go over an example of a net worth statement and discuss cash flow. You will be able to ask any questions you may have as well. Before we move forward on our How To Retire series, I want to make sure we are all on the same page if you want to participate. In today’s workshop, we’ll be reviewing what a net worth statement should look like and discuss any questions you may have about cash flow or creating your net worth statement. Join us at 2pm PST/5pm EST for today’s LIVE workshop!

Agree or disagree?

How To Retire: Living With Financial Integrity Welcome to our new How To Retire series. In the next series of workshops, we will be covering the principles and actions to help you create the retirement you’ve always dreamed of. ... Unfortunately, many prospective clients we speak with have no idea exactly how to retire? It sounds like an abstract concept but there are many specific action items you must complete to have a clear understanding of your financial position and understand whether you’re on or off track for retirement. You may or may not be aware of these action items. Today, we will start with the basics of financial management and help you get started with your retirement journey on the right foot. Join us for today’s workshop where we’ll be discussing financial integrity and how to get in alignment with your finances if you happen to be a bit out of wack with your finances.

No workshop today but here is a link to a blogpost with the links and resources we discussed in last week's video about paying for healthcare if you retire before 65. https://keepitsimplefinancial.com//how-to-plan-for-healthc

In today’s workshop, we will discuss How To Plan for Healthcare if you Retire Before 65Without Paying an Arm and a Leg. Last week I asked you what retirement i...ssues were on your mind. Well, 183 comments later, I’m still sifting through to grab the most popular questions to answer. But, there was definitely a standout and that was around planning for the ‘potentially’ large cost of healthcare if retiring before 65 and qualifying for Medicare. Alan asked I'm 59 and my wife is 62. I believe we are set financially for retirement. (No debt & quite a bit in retirement accts.) Would like to retire now but the only thing holding me back is Health Insurance. If I retire, I will lose our very generous health insurance plan. Lisa asked I too would like to know how to navigate the decision to retire based on healthcare. My husband and I would retire next year if we were confident we could afford healthcare for the next 7 years (Both age 58). Alisa asked Best ways to bridge the gap with health insurance if you retire before 65. Joyce asked How to retire before 65 and not pay and arm and a leg for health insurance. Joyce’s question was my favorite and I think sums up exactly what we all want to know.

For anyone struggling with employment right now (or just looking for a better opportunity), this may be an excellent strategy to get you an advantage in the hiring process!!

Welcome to another edition of the Your Retirement Coach workshop series. Today, I’ll be responding to YOUR questions. Join us at 2pm PST/5pm EST to watch! Any ideas on how to save on taxes in retirement? Also, how much is social security taxed?... Here many oppose to annuities. What if any % high and low of retirement 500,000 portfolio would you suggest to be in annuities with both husband and wife at FRA. Any cautions to be consider with annuities? When and how much to take out of retirement funds! I know, depends on circumstances, but what if you don't really have to but feel like you should just because you can. What do you think will happen to the market if Biden gets elected?