(Tuesday, December 9, 2014) Thirty six-percent of New Hampshireâ€™s population is made up of Baby Boomers who have retired or are looking at retirement. If youâ€™re one of them, you need answers to some key questions if you want to have a financially secure retirement. Among them:
(1) When should I claim Social Security?
(2) Do I have enough money to retire? and
(3) How much will health care cost me during retirement?
Debbie Banda, financial security expert at AARP, says there are resources to help.
Soundbite #1: NEW HAMPSHIREâ€™S more than three hundred and eighty thousand Baby boomers NEED TO KNOW ITâ€™S NEVER TOO LATE TO START PLANNING FOR RETIREMENT, AND OUR FREE Retirement Calculator can HELP. BY ANSWERING A FEW SIMPLE QUESTIONS, IT WILL provide you with a personalized snapshot of what your financial future might look like. (:18)
Soundbite #2: WHEN TO CLAIM YOUR SOCIAL SECURITY BENEFITS IS A CRITICAL DECISION. CLAIMING EARLY WILL PERMANENTLY REDUCE YOUR BENEFITS; waiting TO CLAIM ADDS UP TO A LARGER MONTHLY PAYMENT. OUR FREE Social Security Calculator CAN help you figure out how much retirement income youâ€™ll receive at different claiming ages. (:19)
To find more about AARPâ€™s free financial resources and calculators, visit aarp.org/work.