Protect your Social Security benefits from the downside

By Steve Savant

Ash Brokerage Corporation


“There is always a downside to all strategies. If the couples live shorter lives than expected, then the lifetime benefits could be much less. However, in this case they do not really get hurt because they obviously no longer need the income. However, the reduced benefits could hurt a surviving spouse or the kids if one or both of them should have shorter lives than expected.” – Ken Davis CLU, ChFC, CFP, CPA.

Ken and I introduce the use of term life insurance in conjunction with social security planning.