What’s the Difference Between Retirement Planning, Financial Planning, and Estate Planning?
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Q. My wife and I are hoping to retire in 12 years. We have already done our estate planning but have been told by friends and relatives that we need to also do financial planning and retirement planning. Aren’t financial planning and retirement planning the same thing done by the same
person, or are they different? If we did our estate planning with your law firm, can we also do our financial planning / retirement planning with you? Thanks for your help!
Critter Corner: Can You Get Social Security Benefits if You Never Worked?
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Dear Ernie and Jannette,
I am a recent divorcee who is getting ready to drop my last kid off at college next year, which, in essence, means that I am retired. The thing is, as a lifelong homemaker who raised five children, I never worked a paying job in my life (unless you count a very short stint over 25 years ago). Can I still collect Social Security? I do get spousal support, but it sure would be nice to get more monthly income if I’m entitled
to part of his Social Security. If so, my ex-husband is considering filing at 62, and we are still amicable, so should I encourage him to retire at 62, or should I try to talk him out of it?
Thanks for any guidance you can provide!
Anita DeMoney
Order Books by Evan Farr, 4-Time Best-Selling Author
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Certified Elder Law Attorney and Medicaid Asset Protection Expert, Evan H. Farr, CELA, has written four best-selling books in the field of elder law. For more information and to order, click here.
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