Category: Social Security

7 Social Security Strategies Following the Pandemic

The past year has been one of unprecedented upheaval, but now, as we transition to a new normal, it’s time to take a fresh look at our finances. If you are approaching or have reached retirement age, this process should include reassessing your Social Security strategy for the post-pandemic world. Social Security is a major element of most retirement plans; so much in fact that at Heritage Capital, we’ve created this new guide: Understanding Social Security. However, as we move […]   Read More
Date: June 22, 2021

Your FRA and What It Means to Your Finances

When it comes to retirement, knowing your Full Retirement Age, or FRA, is just as vital as knowing your Social Security number and your birthdate – that “magic number” determines when you can start taking your full Social Security benefits, how much you’ll receive, and ultimately, how much money you’ll have in retirement. While Social Security likely won’t supply the bulk of your retirement income, especially for those planning a high net worth retirement, your benefits will play a crucial […]   Read More
Date: April 5, 2021

Heritage Capital Warns: 5 Common Mistakes Made with Social Security

Social Security is a cornerstone element in many retirement plans. It’s also a complex beast, and inattention to details can lead to costly mistakes. Planning how and when to claim your Social Security benefits should start well before age 62, the first year you can receive payments. By starting early and understanding all of your options, you’ll be better positioned to extract the maximum value from your Social Security benefits. While Social Security won’t be your only source of income […]   Read More