White Paper – Are Your Allocations Right for Social Security?

Nothing exists in a vacuum, meaning that even if you’ve determined the time and method of
taking your Social Security benefits based on your age, objectives, and lifelong earnings, it won’t
matter unless you properly coordinate your benefits with your overall retirement income plan. Most
people agree that Social Security is not enough to live on in retirement and needs to be supplemented
with other sources of income. Therefore, it is essential to make sure your other savings and investment
vehicles are as reliable as Social Security and capable of meeting the same financial objective:
providing income that you can’t outlive.

Retirement income for any purpose, whether it be living expenses, major purchases, or satisfying
RMDs, should ideally come from interest and dividends on your savings and investment vehicles,
not from principal. The same concept applies when talking about maximizing Social Security.

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