Gone are the days of grandad’s or grandma’s pension. What use to be a comforting contract between employers and employees for life after work, has now—in most cases—become a less than successful plan for retirement. That’s where Social Security (SS) comes in. Yes, SS exists to supplement income after retiring, but if the plan for collecting isn’t setup correctly thousands of your hard earned retirement dollars could be lost.

This week on the David Lukas Show, Little Rock’s own David Lukas discusses the top 10 most frequently asked questions about Social Security posed to him during David Lukas Financial’s  Maximizing Social Security courses held in 2017.

The 10 most frequently asked questions about Social Security addressed on today’s show:

1. When am I eligible to receive Social Security benefits?
2. Is SS in trouble? Will it be around when I need it?
3. What happens if I claim Social Security but continue to work?
4. How is eligibility determined?
5. When is the best time to claim SS? Could I claim other benefits?
6. How much will I be taxed?
7. What happens if my spouse dies (what are survivor benefits)?
8. What if I’m divorced?
9. Why can’t I get any reliable advice from the SS administration/department?

Want to know the valuable advice David gave on these questions? Curious about the changes coming to Social Security in 2018? Listen to the entire episode

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There are changes in SS coming in 2018.

If any critical financial issues were placed before you, would you be prepared? David Lukas Financial specializes in strategies designed to help you prepare for uncertainty in retirement. Want to know more about The WorryFree Retirement® process? Call David Lukas, (501) 218-8880, today to learn more about what David Lukas Financial can do for you. *Conveniently located right here in North Little Rock, Arkansas.

The Guide to Social Security can help you understand how to keep up to 32% more of your money for retirement. Since you have a choice of when to start Social Security and also your individual or employer-plan qualified retirement money, can be coordinated to maximize your Social Security.  Request your Free Guide To Social Security today! (Must be a resident of Arkansas)

Do you remember what started the financial crisis of 2008? Did you foresee what would eventually happen to the stock and housing market? Do you remember how much you—everyone you know lost? If a major market correction were to happen again, soon, are you protected?

The early 2000s were a time of prosperity. In a seemingly unstoppable economy millions of Americans were reaping the rewards of a stock market that had never performed better. Little did they know that soon 18.9 trillion dollars in household wealth would be lost. Never had they imagined that close to eight million people would lose employment. How many dreaded heading back to work because they lost up to 60% of their retirement funds they’d worked an entire career for because of high investment risk?

This week, on the David Lukas Show, David addresses what happened in the financial world less than ten years ago and the damage it did to the American economy. Throughout the hour David names and expands upon several surprising lessons, from 2008, retirees and soon to be retirees have at their disposal to learn from. Because just having a plan isn’t enough. In fact, having a financial gameplan is the most important thing that you can do to secure your and your family's financial future.

To listen to all of the expert advice David Lukas has on safeguarding your hard earned retirement funds, listen to the entire show today!

Attention Arkansas listeners age 60 and up:

Social Security Questions? Get a copy of SS Benefits Guidelines Handbook here at DavidLukasFinancial.com Also, get a Social Security Analysis provided by DL Financial, when you visit.

Want to know more about how David Lukas Financial can benefit you and your retirement portfolio—call all David Lukas, (501) 218-8880, today to learn more about The WorryFree Retirement® process. David Lukas Financial is conveniently located right here in North Little Rock, Arkansas.

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Imagine how much easier retirement would be if there was a checklist to help you plan for every possible money draining scenario that could be thrown your way? How valuable would that be to you, your family...your future?

This week on the David Lukas Show, our host David Lukas of David Lukas Financial gives current and soon-to-be retirees a list of information that is crucial to planning for retirement responsibly. Throughout the hour, David educates his listeners on the essential items needed to live comfortably in retirement.  

After all, it’s not what you make during the first half of life but what you get to keep afterwards that counts in the end.

Top items needed to plan and ensure a WorryFree Retirement®:

Ensure your asset are diverse in defense against a down market

Plan for collecting Social Security is in sync with the rest of your retirement strategy

Confirm with your financial advisor about the amount of risk you are or aren’t taking in your investments

Develop and implement a proactive tax strategy

Plan for the possibility of long term healthcare

To hear all of David’s excellent advice on planning for a WorryFree Retirement®, listen to the entire episode today.

David Lukas Financial is now accepting reservations for the September Maximizing Your Social Security Course:

You can call our 24-Hour Reservation Line at: 501-574-0677 to check availability and reserve your seat today for October’s classes.

Classes in October are as follows:

Tuesday, October 24th, 6:30PM

Wednesday, October 25th, 6:30PM

Thursday, October 26th, 6:30PM

CLICK HERE TO REGISTER TODAY!

The Guide to Social Security can help you understand how to keep up to 32% more of your money for retirement. Since you have a choice of when to start Social Security and also your individual or employer-plan qualified retirement money, can be coordinated to maximize your Social Security. Request your Free Guide To Social Security today! (Must be a resident of Arkansas)

Also be sure to check out the upcoming Maximizing Social Security Classes taught by David and held right here in North Little Rock. To get more details and register for a class go HERE.

Want to know more about how David Lukas Financial can save you money on unnecessary taxes and fees—call David Lukas Financial, (501) 218-8880, today to learn more about The WorryFree Retirement® process. David Lukas Financial is conveniently located right here in North Little Rock, Arkansas.

Retirement is meant to be the period of calm after the rocky road of years of career(s) and earning. The actual act of retiring used to be fairly simple, back in the day. But now, future retirees NEED to know a multitude of things and require a specific gameplan to retire right—without penalty and most importantly WorryFree®.  

This week on the David Lukas Show, our host David Lukas gives us listeners the ABCs of RMDs. Throughout the hour David explains what RMDs (Required Minimum Distributions) specifically are and why they are important to your overall retirement strategy.

Facts about RMDs discussed in today’s show:

• What types of accounts are subject to required minimum distributions
• How to delay an RMD if applicable
• When the magical 10 year “penalty free” period of withdrawal starts  and ends for specific ages
• How much must be taken out, specifically, per applicable account
• How to prepare for paying taxes on your RMD(s)

What does the acronym ABC stand for?

A: is for the aggregation of each tax deferred account

B: is for beginning withdrawals

C: is for consider your taxes

To hear all of the important information discussed in this show, listen to the entire episode today.

The Guide to Social Security can help you understand how to keep up to 32% more of your money for retirement. Since you have a choice of when to start Social Security and also your individual or employer-plan qualified retirement money, can be coordinated to maximize your Social Security. Request your Free Guide To Social Security today! (Must be a resident of Arkansas)

Also be sure to check out the upcoming Maximizing Social Security Classes taught by David and held right here in North Little Rock. To get more details and register for a class go HERE.

Want to know more about how David Lukas Financial can save you money on unnecessary taxes and fees—call David Lukas Financial, (501) 218-8880, today to learn more about The WorryFree Retirement® process. David Lukas Financial is conveniently located right here in North Little Rock, Arkansas.