A series of educational workshops titled "Savvy Social Security Planning: What Baby Boomers Need to Know to Maximize Retirement Income" has been scheduled for 11am, on April 26th at the Wilton Senior Center; 6:30pm, April 30th, at Weston Public Library; and 6:30pm, May 8th, at New Fairfield Library. Financial Advisor Dixon Downey will lead the workshop.
After being told for years that Social Security is "going broke," baby boomers are realizing that it will soon be their turn to collect. But the decisions they make now can have a tremendous impact on the total amount of benefits they stand to receive over their lifetime.
Questions boomers are asking include:
- Will Social Security be there for me?
- How much can I expect to receive?
- When should I apply for Social Security?
- How can I maximize my benefits?
- Will Social Security be enough to live on in retirement?
To help baby boomers better understand the Social Security system, this workshop will cover
- 5 factors to consider when deciding when to apply for benefits
- When it makes sense to delay benefits -- and when it does not
- Why you should always check your earnings record for accuracy
- How to estimate your benefits
- How to coordinate benefits with your spouse
- How to minimize taxes on Social Security benefits
- How to coordinate Social Security with your other sources of retirement income
Seating is limited and reservations are recommended. Individuals may reserve space by calling Reby Advisors at (203) 790-4949 or registering online.
To attend the Wilton seminar, reserve your seats at www.RebyAdvisors.com/WiltonSS; for Weston, www.RebyAdvisors.com/WestonSS; and for New Fairfield, www.RebyAdvisors.com/2019SS.
As a Financial Advisor, Dixon helps clarifiy client goals and develops financial strategies designed to achieve them.
Dixon spent the first ten years of his career with Merrill Lynch, where he was trained as a financial advisor. He eventually joined a team at Merrill Lynch that served high net-worth individuals and corporate executives. Most recently, he launched an Investment Advisory firm before transitioning to Reby Advisors to embrace the fiduciary standard and fee-based advice.
As an Accredited Portfolio Management Advisor (APMA), he is committed to the College for Financial Planning’s tenets of aligning client goals with appropriate portfolio solutions and leveraging risk tolerance analysis with an investment policy statement. With careful attention to Social Security, long term care, liquidity, risk protection, tax planning, legacy assurance, and sustainable withdrawal strategies, his philosophy is that these factors often play a primary role in investment success. He is closely attuned to the ever-changing tax landscape, budgets of all types and thinking about how these variables will impact the future.
Dixon graduated from Fairfield University and is a long-time resident of Wilton, Connecticut. He and his wife Summer also enjoy volunteering for the Wilton Library and the YMCA. A golfer and a paddle tennis player, he also enjoys hiking and his children’s activities such as competitive swimming.