Christine Benz is likely the most well-rounded personal finance expert I’ve met. At the drop of a hat, she can talk about the nitty-gritty details of any personal finance topic — and communicate the concepts in a clear way.
Benz recently celebrated her 25-year anniversary at Morningstar, and wrote an article to share some of the most important lessons she’s learned in that time. It’s an excellent read.
- Lessons from the Past 25 Years from Christine Benz
Other Recommended Reading
- Target-Date Funds: The Triumph of Academia from John Rekenthaler
- Downsizing, 5 Years Later, Any Regrets? from Darrow Kirkpatrick
- You Can’t Eat Your House. Or Can You? from Harry Sit
- Bogleheads Share Their Thoughts on Vanguard Personal Advisor Services from Erin Arvedlund
- IRS Warns States Not to Circumvent State and Local Tax Cap from Alan Rappeport and Jim Tankersley
Updates on the “Open Social Security” Project/Calculator
There’s been a huge amount of feedback this week, which has been very helpful. Thank you all for the input!
I started a Bogleheads thread for feedback/bug reports, and to keep people updated as to my “to do” list with the project. I’ve spent most of this week working on adding “earnings test” functionality, and frankly it’ll probably require most of next week also.
For anybody who couldn’t get the calculator to run, it appears to be one of two things:
- Please don’t use anything other than digits/decimals in the input boxes (i.e., no dollar signs, percent signs, or commas)
- If you’re 70 or over, unfortunately the calculator doesn’t (yet) know what to do with you. I designed it so that it won’t suggest a claiming date that’s in the past. (I was thinking that, for example, somebody age 64 doesn’t want to be told that they should file at age 62.) But for somebody age 70 or over, there are no possible filing dates in the future. A high priority on my to-do list is giving users the option to input a date on which they already filed for benefits. (For example, “Spouse A already filed 6 years ago at age 67. Given that, when should Spouse B file?”)
What is the Best Age to Claim Social Security?
Read the answers to this question and several other Social Security questions in my latest book:
|Social Security Made Simple: Social Security Retirement Benefits and Related Planning Topics Explained in 100 Pages or Less|
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