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“Fun With Annuities” The Annuity Man Podcast

May 24, 2022

 In this episode, The Annuity Man and Heather Schreiber discuss: 

  • Insolvency in the future 
  • When should you claim? 
  • Consulting with experts 
  • Collecting survivor benefits


Key Takeaways: 

  • Somewhere in the years 2034 and 2035, social security will experience insolvency if nothing changes in the present. This is not as dire as it sounds; insolvency will only happen if nothing changes from now until then. 
  • You have to be careful about the break-even when you’re married because there is a disparity in benefit estimates. 
  • The best way to truly know what course of action to take is to surround yourself with experts who will discuss the “what if”s and tell you what’s the best decision you can make for the specific lifestyle you want.
  • You can’t file for survivor benefits online; the only way that a surviving spouse will collect a survivor’s benefit automatically is if they were collecting dependent spousal benefits while the spouse was living. 


"Insolvency just means that the trust funds will be depleted; it does not mean that they're just going to cut off benefits." —  Heather Schreiber.




Connect with Heather Schreiber:


Phone: (678) 888-5110


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