Social Security event financial advisor San Antonio PAX Financial Group

4 Events That Can Help You Prepare for a Better Future

News, retirement, PIVOT Apr 15th, 2019 by: Darryl Lyons

When I started PAX Financial Group, one of my top priorities was to help educate investors to prevent them from making investment mistakes that can have long lasting effects. I know many people want to establish a strong financial plan, have every intention of setting themselves up for a comfortable retirement and want to make their money work for them. But they don’t have the right information, proper knowledge or emotional fortitude to make the tough decisions themselves or stay on the plan they set forth. I am passionate about helping these people.

To accomplish this goal, PAX Financial Group offers many educational resources. We try to publish a new article to our blog every week on a topic that is relevant to saving and investing wisely. We also post videos, share our information across our social media platforms and reach out to our clients on a regular basis to answer any questions they may have.

We also host regular events for investors to attend.

We have some of these informational workshops coming up soon. Because some of the more common questions we’ve been getting recently revolve around Social Security and estate planning, PAX Financial Group has put together several events to hep investors better understand these topics.

For example:

  • Will Social Security be there for me when I’m ready to retire?
  • How much will my Social Security benefits be?
  • When should I start to take these benefits?
  • What documents do I need to ensure my estate planning is in place?
  • What other options do I have for leaving my assets to my loved ones once I’m gone?

Not only is the PAX Financial Group staff always available to answer these concerns, but our upcoming events will feature special guests who have additional information and special insights that can better explain the ins-and-outs of both Social Security and estate planning.

Our next event is scheduled for Thursday, May 16, 2019. Former Social Security Administration Public Affairs Specialist Oscar Garcia will be on hand to discuss how Social Security benefits will work for you and your spouse; when and how to start receiving Social Security benefits; and all opportunities available to increase your benefits throughout retirement. The event will be held from noon to 1:30 p.m.

We hosted several similar events last year and they were very popular, so register soon.

 

Ready to discuss your future with a financial advisor? Contact PAX Financial Group to see how we can help.

 

Other Opportunities to Learn

If you can’t make our next Social Security workshop, there are other opportunities for you to learn about these all-important benefits. If you’re interested in how Social Security will affect your future or have questions about your estate, please register for one of our other upcoming events:

 

Social Security Workshop

August 6, 5:30-7 p.m.

November 5, noon-1:30 p.m.

 

Advanced Estate Planning Workshop

July 11, 5:30-7 p.m.

 

For our estate planning workshop, we will have special guests Dana Jacobson and Darrell Anderson on hand to answer questions and share information.

All events are held at our San Antonio office, located at 270 N Loop 1604 E, Ste 200. There is no charge to attend but you must register in advance because seating is limited. Workshops last about an-hour-and-a-half. Guests are welcome but need to register separately.

Again, these workshops tend to fill up fast, so we encourage you to register soon.

 

The Importance of Social Security

Social Security is the very foundation of retirement security for a lot of people. So, when should you start taking these benefits?

Instead of Googling Social Security strategies and making a decision based off of stories you read online, talking with a real subject expert is wise. There are many reasons to hold off on taking your Social Security benefits, but should you?

For example, you get an 8 percent annual pay increase each year you wait. Can you think of anywhere else where you would get this risk-free rate of return on your money? This means that your Social Security check will be 132 percent more than what you might have received at full retirement age. 

Second, headlines scream that Social Security is broke, but the chances of you getting your check is still very high. To affirm that you won’t get your benefit is pure speculation until evidence to the contrary is announced.

Third, your spouse may be able to receive your Social Security benefits. Should you pass away before your spouse, by waiting, you may be able to help your widow make ends meet much easier.

People are also living longer. Age 80 isn’t the same as it was many years ago. A higher paycheck later in life could be helpful.

Of course, there are always exceptions to the “let your Social Security check cook” rule of thumb. Take advantage of our upcoming workshops and talk with a specialist before making a major decision. Social Security can be challenging, but it doesn’t have to be. Frankly, Social Security may be more black-and-white than you think.

 

Are You Ready?

As you approach retirement, it is more important than ever to understand the role that Social Security benefits can and should play in your overall retirement income plan. Social Security benefits are an important part of a happy retirement, and knowing ahead of time how these benefits work with your specific situation can help you plan and reach your retirement goals.

But your retirement is more than just Social Security. Working with the right financial advisor can help you prepare for many things, including:

  • Retirement Planning and Analysis
  • Investment Education
  • General Financial Planning
  • Individual Retirement Accounts (IRAs) and Roth IRAs
  • Estate Planning

Contact us to learn more about PAX Financial Group and how we can further help you build a custom financial plan that will create a stable foundation for you for years to come.

 

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This material is provided by PAX Financial Group, LLC. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The information herein has been derived from sources believed to be accurate. Please note: Investing involves risk, and past performance is no guarantee of future results. Investments will fluctuate and when redeemed may be worth more or less than when originally invested. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All market indices discussed are unmanaged and are not illustrative of any particular investment. Indices do not incur management fees, costs and expenses, and cannot be invested into directly. All economic and performance data is historical and not indicative of future results.

Darryl Lyons

Darryl Lyons

CEO and co-founder of the PAX Financial Group, Darryl Lyons has been a licensed professional in the financial services industry since 1999. A lifelong Texan, Darryl began his career in the financial sector just one day removed from earning his bachelor’s degree in corporate financial management and accounting at St. Mary’s University. Throughout his career, he has won awards for recruiting and development from Fortune 100 companies. In January 2007, he chose to begin and develop his independent practice. He joined Andres Gutierrez and Joseph Schuetze to form the PAX Financial Group. Darryl also served as the Chairman for Brooks Development Authority. Shortly after his service, Mayor Julian Castro, named a park “The Darryl W Lyons Park” in honor of his service. He was named to the 2010 San Antonio Business Journal’s “40 Under 40 Rising Stars,” which honors people making a difference in business and in the community.