Social Security FAQs

Helping You Understand Social Security

Q: When is the best time to apply for Social Security benefits?
A: There is no one size fits all answer to this question. The best time to apply is based on each person’s individual circumstances.

Q: Is Social Security going broke?
A: No, in fact it has accumulated over $2 trillion thanks in part to your contributions. It is however true that the benefits you receive alone will most likely not be enough to fund your retirement.

Q: Is Social Security guaranteed income?
A: Yes, once you have been approved to receive benefits, they cannot be taken away from you.

Q: How much money will I need for retirement?
A: Again, there is no one size fits all answer for this question either. The amount of money you will need during retirement is based on the lifestyle you want to live and the expenses you have when entering retirement. The best way to determine what you will need is to sit down with a trained retirement planning professional that can evaluate your specific situation.

Q: Where can I find a calculator to help me estimate my Social Security benefits?
A: We recommend you try the calculator on the Social Security Administration’s website. Click here to be directed to it.

Q: How can I access my Social Security Statement?
A: Go to: http://www.ssa.gov/myaccount/

Q: When is your next Social Security Planning for Baby Boomers workshop?
A: Visit our Workshop page for a complete list of our upcoming events or call our office at (716) 206-0346.

Q: When can I retire?
A: The big question! Unfortunately, without doing a thorough analysis of your financial situation we cannot provide an answer. If you are looking for some strategic advice on early retirement and/or when you can retire in general, the best thing to do is give us a call or contact us online here.

What's at Stake Calculator

What's at Stake Calculator

Find out how much money your family could be missing out on if you don’t plan properly for Social Security.
Try it now »

Schedule a Free Consultation

No Obligation Consultation

Schedule a no obligation consultation and get expert recommendations specific to your situation about Social Security planning for retirement.
Get started »

Sign Up For Our Email Newsletter

Sign Up For Our Newsletter

Sign up today to receive the latest information about Social Security benefits, our upcoming workshops and more.
Sign up now »

Contact Us

The Social Security Guys®
6430 Transit Rd., Suite 100
Depew, NY 14043

Phone: (716) 743-6262
Toll free: 1-888-243-4995

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Sign up to receive the latest information about Social Security benefits, our upcoming workshops and more. Sign up now » 

The Social Security Guys® are a part of the Social Security Planning Group.  

Copyright © The Social Security Guys® 2014. All rights reserved. 6430 Transit Rd. Suite 100 Depew, NY 14043, 716-743-6262. Securities and investment advisory services offered through NEXT Financial Group, Inc. Member FINRA/SIPC. The Social Security Guys® and the Social Security Planning Group are not an affiliates of NEXT Financial Group, Inc.

Securities and investment advisory services offered through NEXT Financial Group, Inc. Member FINRA/SIPC. To view NEXT Financial Group’s privacy policy and other important information, visit the “Customers” section of www.nextfinancial.com. Securities and investment advisory services available only to residents of the following states: AK, AZ, CA, CO, FL, GA, IL, IN, KY, MA, MD, MI, MO, NC, NJ, NM, NY, OH, PA, RI, SC, TX, VA and WA.

Neither NEXT Financial Group, Inc. nor Its representative’s give tax or legal advice.