Bohemia, NY (PRWEB) December 04, 2012
On December 4, Savings2Income founder Jerry Golden releases a statement in reaction to a recent article about Social Security optimization, a concept that helps people who are about to retire claim the most possible out of their Social Security.
The article published by the http:// Huffington Post explained that a lot of baby boomers are turning to companies to help them optimize their Social Security. “There are a number of reasons why Social Security optimization is a new trend. The retirement program’s rules are complex, allowing for a variety of claiming strategies. The boomer generation is the first to have dual-income households for most of its working years, so spouses have more options for coordinating benefits.”
The article went on to state that “if you optimize your Social Security strategy you can save tens or even hundreds of thousands of dollars over your retirement lifetime.”
Jerry Golden responds to the article by stating that it is important to know where you stand in terms of your personal retirement savings. “While optimizing your Social Security can certainly help with retirement plans, first and foremost people should be aware – well before retirement – of what their own savings can offer them as well. Importantly, it’s not only the savings you have in your 401(k) or Rollover IRA, but the other 50% of your financial assets that most investors don’t consider retirement savings, and do a sub-optimal job of managing.”
Golden added that his website Savings2Income.com offers a free retirement income calculator that helps people determine how much Spendable Retirement Income they can generate from their Personal Retirement Savings.
Golden Retirement LLC was founded by Jerry Golden to create innovative financial products and services focused on the wealth accumulation and retirement income needs of broad segments of the U.S. population. The company has sponsored the Savings2Income website and is launching its own registered investment advisor, Golden Retirement Advisors.