If you’re like many Americans, your Social Security benefit will form the foundation of your retirement income plan. After all, you’ve been paying into Social Security since the first moment you entered the workforce and it’s about time to cash in on all your hard work, but how much can you count on it? Delaying filing for Social Security can potentially increase your benefit amount by a rate of eight percent per year. In 2016, the average monthly benefit for retired workers is $1,355, while the maximum benefit is $2,639. Source.
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Investment advisory services offered through Brookstone Capital Management, LLC (BCM), a registered investment advisor. BCM and Greenline Associates are independent of each other. Insurance products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents. Greenline Associates and Thomas Penland is not affiliated with or endorsed by the Social Security Administration or any government agency. This content is for informational purposes only and should not be used to make any financial decisions.
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