CNBC: Your Social Security check could be 2.8 percent bigger next year

A recent article from CNBC says Social Security checks will likely increase next year. A 2.8 percent cost-of-living adjustment has been estimated by The Senior Citizens League. If the estimate is correct, the increase will be the highest bump retirees have seen in recent years.


Posted in CNBC, Social Security, Social Security Benefits, Joe Elsasser, In The News

Social Security 'break-even' calculations can be misleading

According to CNBC, one key calculation to keep in mind, when deciding when to claim Social Security benefits, is the "breakeven point," or the point at which the amount you receive if you claim later equals the amount you would have received if you had started early. However, a few blind spots can create misleading results and lead you astray.


Posted in Joe Elsasser, CNBC, Social Security Benefits, Social Security

CNBC highlights Social Security calculator options

Posted on June 28, 2018

A recent article from CNBC offered an analysis of a handful of Social Security calculators currently available to assist advisors and consumers with the best claiming strategy. The details surrounding Social Security benefits are extensive, and calculators help streamline the process. 


Posted in CNBC, Joe Elsasser, Social Security Benefits, Social Security

USA Today: Social Security Q&A

Posted on June 11, 2018

Covisum President, Joe Elsasser, CFP®, was recently quoted in a Social Security Q&A in  USA Today


Posted in Social Security Benefits, Joe Elsasser, In The News, Social Security

CNBC explains the best age to claim Social Security

Posted on June 06, 2018

According to an article from CNBC, the best way to determine the optimal age to claim your Social Security benefits is by calculating when you would break even. The break even point is when the amount you receive if you claim later equals the amount you would have received if you had started early. Generally, the age range when an individual would break even is 77 to 83-years-old.  


Posted in CNBC, Social Security Benefits, Joe Elsasser, Benefits

Nationwide survey suggests many Americans have a poor understanding of Social Security

Posted on May 09, 2018

Results from a recent Harris Poll from the Nationwide Retirement Institute® suggest many Americans nearing retirement age lack sufficient understanding of their Social Security benefits.

InvestmentNews summarized the survey results.

Some of the key findings:


Posted in FinancialPlannng, Retirement Planning, Social Security Benefits, Social Security

ThinkAdvisor: Covisum's advisor and quant discuss how to help married couples maximize their social security benefits

Posted on May 08, 2018

In an ongoing series exclusive to ThinkAdvisor, Joe Elsasser, CFP® and Ron Piccinini, PhD provide readers with two distinct perspectives on the same topic. Check out the most recent installment, "Social Security Timing: What couples should consider."

In this edition, we asked both Joe and Ron how a married couple should decide when to claim Social Security.

Joe's response included:


Posted in The Advisor & The Quant, ThinkAdvisor, Social Security Benefits

TheStreet: How Does Social Security Calculate My Benefit Check?

TheStreet readers ask about how to get the biggest Social Security checks possible. Robert Powell gets answers from the experts.


Posted in TheStreet, In The News, Social Security Benefits, Joe Elsasser, Social Security, Bipartisan Budget Act

How to make the most of your Social Security benefits

PlanStrongerTV™ hosted by David Holland, CPA, CFP® featured Joe Elsasser, CFP®, RHU®, REBC® and president of Covisum in an episode titled, "How to Make the Most of Your Social Security Benefits." Watch it now.


Posted in Retirement Planning, Social Security Benefits, Webcast, Social Security Timing, Claiming Strategies, Industry Advice, Social Security, video

5 Things To Start, Stop, And Keep Doing With Your Financial Practice In 2018

The New Year traditionally brings resolutions, some of which actually will be kept. Financial advisors should go beyond promising to lose weight and work out more to think about ways to build their business. Here are some suggestions:


Posted in Marketing Strategies, Marketing, Downside Risk, Risk, Retirement Planning, Financial Planning, Social Security Benefits