Financial Planning
We offer clients fee based financial planning services that are customized to meet the unique needs of each individual client. Based on the client’s needs, the financial plan may encompass one or more of the objectives listed below:
Retirement Projections
College & FAFSA Planning
Tax Planning
Estate Planning
Investment Allocation Review
Insurance Analysis
Cash Flow Optimization
Roth Conversion Strategy
For our clients that live outside of the Capital Region, we use Zoom video conferencing and screen-sharing software to meet with our clients in a virtual setting. Our virtual clients are able to access the video conferencing feature via an easy-to-use app on their iPad, smartphone, laptop, or desktop computer.
Virtual Financial Planning Services
For clients that live outside of the Capital Region, we designed a virtual financial planning platform that provides our clients with:
Access to an experienced CFP®
Easy access to video conferencing
Meeting in the comfort of your own home or office
Fee based services
Featured Social Security Blog Articles
“The information in Michael’s videos and on his website were extremely informative. I learned about a Social Security benefit for children that I had not heard about before from any source. When I reached out with a follow up question he provided me with a prompt, courteous, and professional response. Very very delighted with his knowledge and information and professional courtesy. ⭐⭐⭐⭐⭐”
This endorsement provided for Greenbush Financial Group, LLC on Google Review was made by a non-client, and it was a non-paid review. This non-client was solicited by Greenbush Financial Group, LLC to provide the endorsement.
“I read one of Michael’s blog posts and it literally changed our family budget! My wife decided to turn on Social Security early and enjoy more time writing her book and taking care of the family. Michael even replied personally to a question I had - GREAT service, smart advice for BIG life events. I would HIGHLY recommend Greenbush Financial. ⭐⭐⭐⭐⭐”
This endorsement provided for Greenbush Financial Group, LLC on Google Review was made by a non-client, and it was a non-paid review. This non-client was solicited by Greenbush Financial Group, LLC to provide the endorsement.
“Spoke with Michael on the phone where he clarified the Social Security child dependent benefits & Child-in-Care spousal benefits. After speaking with him , I’m confident and ready ! He was very professional and knowledgeable . You’re the best ! ⭐⭐⭐⭐⭐”
This endorsement provided for Greenbush Financial Group, LLC on Google Review was made by a non-client, and it was a non-paid review. This non-client was solicited by Greenbush Financial Group, LLC to provide the endorsement.
“Mr. Ruger was very helpful and knowledgeable on all facets of social security and medicare enrollment. Strong recommend his services to anyone that needs help and wants the correct advise . Thank you, Mr. Ruger, for your service. ⭐⭐⭐⭐⭐”
This endorsement provided for Greenbush Financial Group, LLC on Google Review was made by a non-client, and it was a non-paid review. This non-client was solicited by Greenbush Financial Group, LLC to provide the endorsement.
“Thank you so much you are so smart and informative I understood it perfectly clear about what you said thank you and God bless”
This endorsement provided for Greenbush Financial Group, LLC on YouTube was a non-solicited and non-paid comment by a non-client.
“This is a must-know for anyone considering early retirement! The earned income penalty can catch people off guard, but with the right planning, it’s totally avoidable.”
This endorsement provided for Greenbush Financial Group, LLC on YouTube was a non-solicited and non-paid comment by a non-client.
Frequently Asked Questions About Social Security:
When should I start taking Social Security benefits?
The best time to start depends on your age, income needs, health, and other retirement income sources. Claiming early (as soon as age 62) reduces your monthly benefit, while waiting until full retirement age or later increases your payments for life.
How does working while collecting Social Security affect my benefits?
If you claim benefits before full retirement age and continue working, your benefits may be temporarily reduced if your earnings exceed certain limits. Once you reach full retirement age, your benefits are recalculated to credit you for withheld amounts.
What is the difference between full retirement age and early retirement age?
Full retirement age (FRA) is the age at which you can receive 100% of your earned benefits, typically between 66 and 67 depending on your birth year. Early retirement begins at age 62, but claiming early results in a permanent reduction in monthly benefits.
Can my spouse or dependents receive benefits based on my Social Security record?
Yes, spouses, divorced spouses, and dependents may qualify for benefits based on your work record. The amount they receive depends on factors like your primary insurance amount and their age at the time of claiming.
Are Social Security benefits taxable?
Depending on your total income, up to 85% of your benefits may be taxable at the federal level. Many states do not tax Social Security, but it’s important to check your state’s rules and plan for potential tax implications.
How are Social Security benefits calculated?
Benefits are based on your highest 35 years of indexed earnings, adjusted for inflation. The Social Security Administration applies a formula to those earnings to determine your primary insurance amount, which is the basis for your monthly benefit.
What happens to my Social Security benefits if I delay claiming past full retirement age?
For each year you delay claiming benefits past your FRA (up to age 70), your monthly benefit increases by about 8% due to delayed retirement credits. This can significantly boost lifetime income for those who expect to live longer or have other income sources to rely on in the meantime.
Contact Us . . . .
All of our services start with a complimentary consult. No high pressure sales tactics. We are financial planners, not salesmen. Schedule Yours Today.
