Warrenton VA (PRWEB) March 25, 2014
Most Americans will count on Social Security to provide a large portion of their income in retirement. Wealth Planner Greg Bodoh, founder of Dominion Retirement Income Planning (DRIP), brings nearly four decades of experience to his seminars, his website and to a new book to be release this spring filled with advice on how to get the most out of Social Security benefits.
“As you think about your retirement plan, it isn’t about generalized theories about retirement or Social Security, it’s about specific recommendations - what to do, and when to do it,” said Bodoh. “Most retirees rely on Social Security for almost 65 percent of their household expenses, and making the right decisions can make a big difference in the amount you’ll get paid. That’s why I offer personalized advice on my website, and do free seminars on Social Security maximization every month. Right now, I’m finishing a book on the subject that will be published this spring.”
Decisions about Social Security can be complex, and planning for the right time to take benefits can make a big difference in a person’s lifetime income.
“You can take Social Security at age 62, but your lifetime benefit amount will be permanently reduced,” Bodoh explfained. “That reduction can result in a loss of $30,000, $50,000, even as much as $140,000, in your Social Security payments. And age is just one among many factors to consider when deciding when to start taking Social Security benefits. My goal is to help people understand all the details, to help bring the bigger picture of Social Security’s role in their retirement into focus. That’s why I offer a personalized Social Security analysis via our website, and no-obligation two-hour seminars for folks in our local area.”
Visitors to the site at http://gregbodoh.com/services/social-security-analysis can enter their information in a secure form on the right side of the page to receive their personalized report. The form offers a field allowing people to ask specific questions, which will be addressed in their personalized analysis.
“Our website features a list of important facts about Social Security that are often overlooked, and we encourage people seeking to maximize their Social Security benefits to enter detailed information and ask questions,” Bodoh explained. “All information is confidential and secure, and there’s no obligation. While it’s usually best to wait as long as you can to use your Social Security benefits to ensure larger monthly payments, there are situations when it’s preferable to file at 62. Our ‘Social Security Benefits Report’ is a great tool to help people make informed decisions to maximize their retirement income.”
Free educational seminars entitled “Social Security – Timing Is Everything,” will be presented by Bodoh on April 15 and 17th in the Gainesville VA. area. This free, no-obligation, two-hour presentations start at 6:30 p.m. and includes dinner. For more information or to register to attend, visit http://www.dominionretirement.com or call (540) 347-2125.
Investment management and guaranteed retirement income planning are Bodoh’s primary focuses; his 38 years of investment management experience includes managing portfolios for major financial institutions. He has traveled and lectured extensively on investment management strategies.
“Most people spend more time planning a two-week vacation than their retirement,” said Bodoh. “And while it makes sense to put plenty of energy into a dream getaway, your financial future deserves every ounce of effort you can spare. Fortunately, planning your retirement doesn’t have to be a source of anxiety – it can be as simple as calling the right team to help you along your journey to financial freedom.”
Dominion Retirement Investment Planning is an independent agency partner of Safe Money Resource, a network of ethical, certified, independent financial professionals across the United States dedicated to educating pre- and post-retirees about the best methods to maximize their retirement income.
Sale Money Resource’s website, http://www.safemoney.com, features numerous articles and guides aimed at helping investors learn more about the various retirement investment strategies available.
Baby Boomers, who make up more than one-quarter of the entire U.S. population, will be retiring over the next two decades at the startling rate of 10,000 people a day, according to the Pew Research Center. This means that, by 2030, nearly one-fifth of the U.S. population will be retired.
“Unfortunately, these people can find themselves falling prey to financial advisors who may not always have their best interests at heart,” said Safe Money Co-Founder and President Brent Meyer. Safe Money Resource exists solely to provide seniors with the education and empowerment to take control of their finances and make wise retirement choices, he explained.
“I worked in the financial services industry and I kept seeing how the big, well-known companies would take advantage of advisors and their senior clients. After 13 years of witnessing tactics that were more in the best interests of the company’s bottom line than the best interests of the retiree, I couldn’t take it anymore. I knew I had to do something to help these people,” said Meyer. “I realized there was a need in the market for a company that wasn’t owned by any insurance carrier and wasn’t influenced by the almighty dollar.”
With the launch of http://www.safemoney.com in 2012, Meyer realized his goal of giving pre- and post-retirees a one-stop shop to find the nation’s most trustworthy financial advisors. All advisors have been pre-screened by Safe Money Resource to ensure they work hard for the long-term financial safety and happiness of seniors, not for the commission.
“Safe Money is comprised of a small, independent group of licensed fixed-index annuity experts like Greg Bodoh and his team in Warrenton, Virginia,” said Meyer. “The difference between Safe Money Approved advisors and big insurance companies is that we offer you the expertise and resources of the best independent insurance carriers across the country and not just the special interests of one company. SafeMoney.com is where we showcase the best, most ethical and trustworthy advisors we have found around the nation and assist pre- and post retirees by educating them on their finances and pointing them to the right advisor.”