Podcast Episode 7 – Take The Retirement Readiness Quiz

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Take the Retirement Readiness Quiz here: heritagewealthplanning.com/retirement-readiness-quiz/ The 3 questions you need to answer BEFORE you hang up your work boots: 1. How much income will you need in retirement? 2. How much is your Primary Insurance Amount? 3. Subtract 2 from 1 and divide by .04. Is your liquid net worth larger than that number? […]

Social Security Benefits: AIME, PIA, FRA, DEC,….HUH? (2018) – VIDEO

Your Social Security benefit is based on your Primary Insurance Amount (PIA). Your PIA is based on your Average Indexed Monthly Earnings (AIME). However you can reduce or increase your PIA by retiring before or after your FRA (Full Retirement Age). Having fun yet? And it gets better. The longer you wait to apply for […]

Podcast Episode 6 – Why You NEED To Understand Social Security Nomenclature


AIME, PIA, FRA, DECs… WHAT THE???? Unfortunately, these are the acronyms used regularly in regards to YOUR Social Security benefits. You really need to understand how these topics work together because many retirees rely heavily on Social Security. In fact, there are studies done that shows Social Security provides MOST of the income for retirees! […]

Podcast Episode 5 – Investment Advice is NOT Financial Planning!

One of my pet peeves is how the financial planning industry had allowed itself to be consumed by the investment advisory industry. The two are not the same! Financial planning is truly ALL encompassing, taxes, insurance, investments, college, debt, estate etc. are all part of the discussion. What’s investment advice though? Well, simple, INVESTMENTS! Investments […]

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