Why Most Don’t Maximize their Social Security

Apr 06, 2016

Social Security

4/6/2016 AZ Republic by Dr. Harold Wong In 2014, I wrote a 6-part series on Social Security Strategies with the first article, “How Social Security Strategies Affect Your Retirement”, 5/23/2014 AZ Republic by Dr. Harold Wong. The average retirement benefit was $1,294. For older Baby Boomers, full retirement age for purposes of Social Security (SS) […]


How Single Women and Baby Boomer Couples Should Plan for Social Security & Other Retirement Income

Mar 16, 2016

Baby Boomers & Money, Retirement, Social Security, Women & Money

3/16/2016 AZ Republic by Dr. Harold Wong According to recent research (see, “How Social Security Strategies Affect Your Retirement”, May 23, 2014 AZ Republic by Dr. Harold Wong), the average Social Security check to retired workers in 2014 was $1,294 per month. Clearly, this is not enough to live on for a single woman. If […]


Common-Sense Ways to Maximizing Social Security & Other Retirement Income

Jan 05, 2016

Baby Boomers & Money, Retirement, Social Security

January 8, 2016 AZ Republic by Dr. Harold Wong For decades, many have underestimated the crucial importance of maximizing your Social Security and other retirement income. In 2014, the average Social Security (SS) retirement benefit was $1,294 per month. “Among elderly SS beneficiaries, 52 percent of married couples and 74 percent of unmarried persons receive […]


Proposed Social Security Restrictions Require Better Retirement Planning

Nov 04, 2015

Baby Boomers & Money, Retirement, ROTH IRA, Seniors & Money, Social Security, Wall Street

11/4/2015 AZ Republic by Dr. Harold Wong Hidden in the proposed U.S. Budget Bill are some provisions that can reduce the “file and suspend” and “restricted application” strategies. These strategies, estimated to be used by only 100,000 Social Security recipients, allowed married couples to get up to an extra $50-60,000 of total Social Security retirement […]


How Single Women and Baby Boomer Couples Should Plan for Social Security & Other Retirement Income

Sep 02, 2015

Baby Boomers & Money, Retirement, Seniors & Money, Social Security, Women & Money

9/2/2015 AZ Republic by Dr. Harold Wong According to recent research (see, “How Social Security Strategies Affect Your Retirement”, May 23, 2014 AZ Republic by Dr. Harold Wong), the average Social Security check to retired workers in 2014 was $1,294 per month. Clearly, this is not enough to live on for a single woman. If […]


How Baby Boomers Can Financially Have a Happy Retirement!

Jul 08, 2015

Baby Boomers & Money, Bonds, Private Pension, Social Security

7/8/2015 AZ Republic by Dr. Harold Wong About 80 million Baby Boomers were born after World War 2, from 1946-64, and now 10,000 Boomers turn 65 every day. Many Boomers plan to work past 65 because they don’t believe their money will last in retirement. They face 3 major risks to a Happy Retirement: Low […]


Secrets to Maximize: Retirement Income with Social Security, and Asset Protection with the Rockefeller Trust

Jun 10, 2015

Baby Boomers & Money, Retirement, Seniors & Money, Social Security

6/10/2015 AZ Republic by Dr. Harold Wong John and Mary Jones are both age 66 and have worked their whole lives. They got lucky with some private company stock and are worth $21 million. What are some of the strategies they could consider? Maximize Social Security (SS) Retirement Benefits with the File and Suspend, Spousal, […]


When You Take Social Security Affects Your Retirement!

May 01, 2015

Baby Boomers & Money, Private Pension, Seniors & Money, Social Security, Women & Money

May, 2015 CITY SunTimes by Dr. Harold Wong The Social Security Press Office has published a Fact Sheet that gives some interesting numbers. In 2014, There 39 million retired workers who receive $1,294 in average monthly benefits; 8.8 million disabled workers who receive $1,146 per month; and 6.2 million Survivors who receive $1,244 per month. […]


What Warren Buffett Might Say about “When to take Social Security?”

Apr 15, 2015

Retirement, Social Security

4/15/2015 AZ Republic by Dr. Harold Wong Warren Buffett, for those who don’t know, has the nicknames such as “The Oracle of Omaha” or “The Stock Market King”. He owns over 80 companies, lock stock and barrel. He has owned household names such as Dairy Queen, See’s Candies, and Geico for decades. The Forbes 400 […]


Retirement Planning for Success

Mar 27, 2015

Seniors & Money, Social Security, Wall Street

3/27/2015 AZ Republic by Dr. Harold Wong Retirement is not what most people in American think about until they hit 50. Then, many panic as they realize they have not saved enough. Several years ago, I wrote an article, citing a study that surveyed families whose total household joint income was between $50-100,000 annually. Of […]