Many people erroneously think that the decision to retire is the same as the decision to apply for Social Security. Some CPAs do become comprehensive financial planners by earning the personal financial specialist or PFS credential, which is similar to the CFP. Answer: If you're holding yourself out as an expert in financial planning, you'd better be one. If I quit my job at age 65 and postpone receiving Social Security, I will be living on a small pension and my personal savings. I am not sure, but I thought if a family member dies, the money in the person's bank accounts belonged to the next of kin.

Source: Los Angeles Times July 31, 2016 13:36 UTC