With retirement clients lucky to get a 1 percent annual percentage yield on their deposits these days, and stock market swings at historic levels of volatility, delivering real value-added to clients is no easy feat.
Yet Brett Horowitz of the well-known wealth management firm Evensky Katz has done just that with research that shows how clients can gain tens of thousands of dollars in extra retirement income by applying little known Social Security Administration rules.
Horowitz has developed an analytical tool that can run hundreds of scenarios to help clients choose the financial outcome most beneficial to them. In a recent presentation to clients of the Coral Gables, Fla.-based firm he detailed two examples that each drop more than $40,000 extra in a retired couple's laps.
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