Social Security Simplified: The Complete Guide To Understanding Social Security by ClydeBank Finance. Everyone must listen to this audio book for all during the journey of their career so as to ensure two important things. One – to understand the why part of this. It is important to learn at an early age why it is important for you to think about your social security during the later part of life, probably your post-retirement tenure. Two – to understand the right approach towards it, so that the how part is taken care of. How is only significant when you have convinced yourself about the why part. Once you are done with Why and How parts of social security then it becomes important to learn when and what.
That is what this book is all about. Everything has been explained in such a simplified and systematic manner that it does not matter if you are a finance expert or a rookie. The terminologies are explained so well in laymen language. On the basis of your today, you can’t predict your tomorrow. You never know what is there in store in the moments of your life that are yet to come. But you can always do some kind of risk analysis based on your basic requirements, current scenario, your expectations and family needs. Under any circumstances, you would definitely like to ensure to protect yourself and your family.
To help you under dire consequences, it is important to act well in time and to do that it is important to learn all about how Social Security works. You can draw out the benefits out of it only if you are clear on its methodology. Over 50 million people are benefitted from Social Security every month in the United States. The book ensures to explain the basics of social security, its need and necessity; and the history of social insurance mechanism. It tells about the funding and distribution process and then how to ensure that you are able to get what you deserve. Social Security can always become handy at the time of economical crisis whether happened in an individual capacity or nationwide.
Although there are additional means to ensure your retirement benefits and income but still keeping Social Security as a primary or an alternative option is always recommended. The role of this book Social Security Simplified is not only in providing all such insights as mentioned above but also to show you a clear path in understanding the crux of the matter and choosing the right path thereupon. That way it ensures to consolidate all relevant information availability in various chapters of this book. It is certainly important to understand the core of the matter along with the impacts on your Social Security benefits because only then you will understand how to maximize your benefits under any circumstances.
This book is meant for all people whether totally raw in this field to get the best of the information in a simplified manner, or for those who are already experts in the field but need to challenge their knowledge or need to align their expertise with the content of the book. The book walks you through the history of Social Security and its development during the course of time. Gradually in following chapters it tells about its principles, how to make it most beneficial for you, futuristic approach and there is a surprise hidden for you by the time you end the book.