SOCIAL SECURITY DECISIONS
01.Core Concepts
• Social Security claiming decisions will largely be driven by the planning needs. • Psychological considerations should also be weighed. • Spousal considerations: • Spouse can choose from their own or spouse’s benefits • Surviving spouse support PREPARING FOR PSYCHOLOGICAL, SOCIAL, AND OTHER LIFE CHANGES IN RETIREMENT • New Mindset • Transition can induce considerable stress. • Self-view will change during retirement. • New Activities • Ego and self-esteem are often tied to a person’s occupation. • It is helpful to fill the void of work with activities. • New Challenges • Spouse/partners having different visions of when and what retirement will look like • Conversation about compromise is not always easy.