My client is 70 and has started taking benefits on his record. His wife is 62 now and working. When I run the report for first few years she hardly gets any benefits base on her husband’s record. Does income adjustment also apply to spousal benefits?
My client and his spouse were born in 1950 and 1953 respectively. When I run the Maximizer, I wonder why wife’s benefits are less than half the husband’s benefits?
I ran a plan for a couple which recommends the lower earner (male) take benefits at 70, and the higher earner (female) take benefits at 69yrs, 2mos. (He’s 10 months older than her.) I don’t have a problem with that, but when I go to Benefits By Start Age, it shows the higher earner taking spousal benefits at FRA. If it’s recommending she take spousal at FRA, then her own at 69, why doesn’t it say that in the Action Plan?
Forbes named GoWealthPro’s Social Security maximization technology as the best free software out there.
Just signed up for the free trial of your Wealth Planner software. Overall good impression; good to see that you guys don’t ask for the credit card info upfront. Quick question, I would like to spend some more time exploring the free trial but I’m taking a few weeks off. Is there a time limit on trial period?
Hi. When I look at the chart comparing maximized benefits with those at full retirement income, the total benefits for spouse appear to be higher than what she will collect on her own record? If I look at her benefits schedule for full retirement age, her total lifetime benefits add up to about $781,000. But in the comparison with maximized scenario, I see the amount to be about $856,000. Can someone tell me why it’s about $75,000 more?
In the maximized benefits report for a client, I notice spousal benefit to be less than 50% of the highest earner. Why?
I want to know what’s the deadline of 4/29/2016 is about and what do I need to do if any in your Social Security Maximizer software.
A client of mine wanted to know relative benefits of taking lesser Social Security payments sooner and investing the money at some investment rate. Does Social Security Maximizer allows a comparison along those lines?
Dear Social Security Maximizer™ users,
We’re extremely pleased to announce the redesigned version of the Social Security Maximizer™. Beside a highly improved user experience, you will also notice a rich set of client reports. Here are some of the highlights of the new version of this software.
The software has been redesigned for optimal use via any device. In particular, when you use a smart phone, you will not have to scroll horizontally.
The overall interface for data input and reports has a highly improved format.
You can now login into the software using any one of three popular social networks. That means you don’t need to maintain one more password for this software.
In case of maximization for client reports, the report now compares the benefits of recommended strategy versus no strategy. This will help you in clearly communicating the value of Social Security planning.
Client reports now have much better quality of graphs and other contents.
And yes, it has new Social Security rules that went into effect on 11/2/2015.
As always, please share your feedback with us either via online chat or email support at gowealthpro dot com.