One of the most amazing statistics that is currently circulating around the elder law community involves the volume of Social Security applications that are being submitted right around now. According to the Social Security Administration about 10,000 people are applying every day, and if this wasn’t enough this volume of applications is expected to be accepted each day for the next two decades.
This onslaught is due to the fact that the baby boomer generation is reaching retirement age. The baby boomers have a lot of questions about Social Security as you might expect, and now that we live in the information age those answers are right at your fingertips.
If you would like to know all the details about what you can expect from Social Security a very good resource exists on the Social Security Administration website. The Social Security Retirement Planner is a comprehensive guide that will fill you in on everything that you need to know as you plan your retirement.
One particularly useful feature is the Benefits Calculator which will give you a general idea of how much you can expect to receive when you reach retirement age as defined by the Social Security administration.
While Social Security will certainly be of assistance when you become eligible to receive your benefit, in and of itself it is probably not going to be enough to provide you with the financial resources that you need to enjoy your golden years to the fullest. To devise a plan that will lead to a truly comfortable retirement, take action right now and arrange for a consultation with an experienced and savvy Hartford retirement planning lawyer.