Social Security Optimizer

Social Security Optimizer is a simple tool with a step-by-step guide. It uses certain assumptions to produce benefit estimates that can help you to customize a benefits filing strategy based on data inputs for your client’s specific situation and compare it with a strategy that seeks to maximize the benefits paid.

The Benefit Delay feature calculates the amount of assets needed to provide income while delaying benefits past Full Retirement Age (FRA). The Benefit Replacement feature will calculate the assets needed to replace benefits lost after the death of a spouse.

Once you develop the strategy that best aligns to your client’s goals you can download a hypothetical illustration report outlining how and when to consider filing for benefits according to the chosen strategy.

To get started, you’ll need:

  • Age at Time of Filing
  • Life Expectancy
  • Marital Status
  • Benefit at FRA, Social Security Administration
  • Pension from employment with a federal, state or local government agency

Re-think Social Security—It’s not just a government IOU, it is potentially the largest asset in your client’s retirement portfolio.