Are Granite Staters Ready to Retire When They Want?

December 9, 2014

Debbie Banda, Financial Security Expert at AARP

(Tuesday, December 9, 2014)  Thirty six-percent of New Hampshire’s population is made up of Baby Boomers who have retired or are looking at retirement.  If you’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 HAMPSHIRE’S more than three hundred and eighty thousand Baby boomers NEED TO KNOW IT’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 you’ll receive at different claiming ages. (:19)

To find more about AARP’s free financial resources and calculators, visit aarp.org/work.

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