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Baby Boomers Depend On Social Security For "Comfortable" Retirement, Survey Says

Stocks in this article: AMTD

The majority of retired Baby Boomers (65%) currently rely on Social Security benefits, and nearly one-third (32%) say they would not be able to live comfortably in retirement without them, according to an Investor Index Survey released by TD Ameritrade Holding Corporation (NYSE:AMTD).

For those entering retirement, now is the time to maximize income, and it’s important to understand how to make the most of benefits. To help retirees, TD Ameritrade 1 is offering a free webcast on how to make the most of Social Security benefits in retirement.

The webcast, which is free and open to the public, will take place on Monday, Sept. 23, 2013, from 6 to 7 p.m. ET. William Meyer, founder and CEO of Social Security Solutions, Inc., will discuss the following:

  • How Social Security works
  • Key rules and claiming strategies
  • How to successfully maximize Social Security’s benefits

“For many Americans, claiming Social Security is the largest financial decision they will make in their lifetime and optimizing a strategy can help them get the most out of their benefits,” said Meyer. “I look forward to sharing actionable ‘rules of thumb’ and approaches that are easy to implement to maximize retirement income from Social Security.”

Register for the event or get more information here .

“Social Security is intended to supplement income in retirement, so it’s critical that retirees understand how to make the most of it,” said Lule Demmissie, managing director of retirement for TD Ameritrade. “Deciding when to draw Social Security is important. While the benefits may begin as early as age 62, it’s important to consider the long-term implications of timing before drawing benefits. Every person’s situation and needs are different, and this webcast will help them understand how to think of their specific situation with regards to Social Security.”

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