Cravitz Financial & Insurance Solutions

Whether you’ve saved $1 million or not, deciding when to claim Social Security is one of the most important retirement choices you'll face.

In this video, I walk through a real life example to break down the key factors in claiming Social Security early versus delaying.

The insights apply to almost anyone nearing retirement, no matter the size of your nest egg.

You'll learn:

✅ How your claiming age affects your lifetime benefits
✅ The impact of taxes, health, and longevity on your decision
✅Why your Social Security strategy should reflect your unique retirement goals

If you're feeling unsure, you're not alone. This video is here to help bring a little more clarity and confidence to your decision.

I’m 62 with $1M – Should I Claim Social Security Now or Wait? Retire with Confidence: https://cravitzfinancial.com/our-process/CONTACT ☎️Website: https://CravitzFinancial.com/Phone: 714-462-9155Email: Ryan@CravitzFinan...

If you're over 60 and still working full time, there's a good chance you've already reached financial freedom—but just don't know it yet.

In this video, we uncover reasons people delay retirement and share the real story of someone who broke free from the cycle of “just a few more year years."

Learn what questions you should be asking and how to find out if you're truly ready to retire - so you don't waste your healthiest, most vibrant years, especially if you're still in a job you don't enjoy and may no longer need.

If You’re Over 60 and Still Working… Watch THIS Retire with confidence: https://cravitzfinancial.com/our-process/CONTACT ☎️Website: https://CravitzFinancial.com/Phone: 714-462-9155Email: Ryan@CravitzFinan...

Before you retire, there are very specific questions you should ask your advisor.

In this video we talk through those questions, which, when answered, can give you a much clearer picture as to whether you are really ready to retire. Those questions are:

Before you retire, there are very specific questions you should ask your advisor. In this video we talk through those questions, which, when answered, can give you a much clearer picture as to whether you are really ready to retire. Those questions are:

➡️Am I financially ready to retire?
➡️What income sources will I rely on in retirement?
➡️How can I minimize taxes on my retirement income?
➡️What adjustments should I make to my investment portfolio?
➡️Do I have enough saved to account for inflation and unexpected expenses?
➡️Do I have a plan for long term care?

And keep in mind, if your advisor can't answer these questions, it might be time for a new advisor.

If you feel like you're ready to retire, but would like to talk it through with a professional, please reach out.

6 Questions You Should Ask Your Advisor Before You Retire Before you retire, there are very specific questions you should ask your advisor. In this video we talk through those questions, which, when answered, can g...

The IRS has released the 2025 tax brackets with a 2.8% inflation adjustment—the smallest increase in several years.

Here's what's changing:
➡️ Standard deduction for married couples filing jointly rises to $30,000
➡️ Single filers' standard deduction increases to $15,000
➡️ Annual tax-free gift limit grows to $19,000 per recipient
➡️ Estate tax exclusion reaches $13.99 million (up from $13.61 million)
➡️ Earned Income Tax Credit maximum increases to $8,046 for qualifying families

Understanding how tax brackets work remains crucial: you're only taxed at higher rates for income above each threshold, not your entire earnings. For example, if you're married filing jointly, you'll pay 10% on the first $23,850 of taxable income, then 12% on earnings above that amount.

Important note: Some provisions aren't changing in 2025, including the $10,000 SALT deduction cap and the $2,000 Child Tax Credit. ⚖️


Source:

IRS has announced its new 2025 tax brackets. Here's what to know. The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.