The analysis result depends heavily on the assumptions you use, e.g. SS Cola, inflation on expenses and the return on your invested assets. You could influence the outcome by changing these assumptions. I saw 2.75% Cola and 3% inflation used, but what investment returns did you use ?
Thanks for the question, Bill! You are correct that your Social Security strategy will be highly dependent on the assumptions you use. We didn't focus on returns, as that will be something that is highly personal, but hopefully we accomplished the goal of the video to emphasize the importance of Social Security planning and the impact that can make on your retirement. Let's schedule some time to customize your assumptions! Schedule online: howardbailey.com/schedule
The analysis result depends heavily on the assumptions you use, e.g. SS Cola, inflation on expenses and the return on your invested assets. You could influence the outcome by changing these assumptions. I saw 2.75% Cola and 3% inflation used, but what investment returns did you use ?
Thanks for the question, Bill! You are correct that your Social Security strategy will be highly dependent on the assumptions you use. We didn't focus on returns, as that will be something that is highly personal, but hopefully we accomplished the goal of the video to emphasize the importance of Social Security planning and the impact that can make on your retirement. Let's schedule some time to customize your assumptions! Schedule online: howardbailey.com/schedule