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Social Security and You

April 18, 2019

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We could do a weekly segment on Social Security alone. The stats are astounding:
· In 1940, the life expectancy of a 65-year-old was almost 14 years; today it is just over 20 years
· December 2018, the average monthly benefit was $1,461
· By 2035, the number of Americans 65 and older will increase from approximately 49 million today to more than 79 million
· There are currently 2.8 workers for each Social Security beneficiary. By 2035, there will be 2.2 covered workers for each beneficiary
That being said, let’s chat more about it today on NEW Retirement Live!
Find out why 2019 is a key year for Social Security, how divorce affects your accounts, and when to choose between a lump sum or a bigger Social Security benefit.

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1105 E. Eighth St.
Traverse City, MI 49686

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Check the background of the Firm and the Investment Professional(s) on FINRA’s BrokerCheck.
Advisors associated with Prout Financial Design may be either (1) registered representatives with, and securities offered through LPL Financial, Member FINRA/SIPC, and investment advisor representatives of Capital Asset Advisory Services, LLC. dba CG Advisory Services; or (2) solely investment advisor representatives of Capital Asset Advisory Services, LLC. dba CG Advisory Services, and not affiliated with LPL Financial. Investment advice offered through Capital Asset Advisory Services, LLC. dba CG Advisory Services, a registered investment advisor. Capital Asset Advisory Services, LLC. dba CG Advisory Services and Prout Financial Design are separate entities from LPL Financial.

Dennis Prout and Nathan Prout are solely investment advisors and representatives of Capital Asset Advisory Services, LLC., CG Advisory Services, and is not affiliated with LPL Financial.

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