Who Can Get Retirement Benefits? Workers who have paid into the Social Security system for at least 10 years become eligible for early retirement benefits at age 62.5Waiting until yourfull retirement age (FRA)(between ages 66 and 67, depending on the year you were born) results in higher mon...
If, for example, your full retirement age is 67, you can start taking benefits as early as age 62, but your benefit will permanently be 30% less than if you waited until age 67. If you can manage without receiving your Social Security benefits at full retirement age,wait until age 70....
How early retirement can effect Social SecurityBanks, Horace B
How Changes in Social Security Affect Recent Retirement Trends For married men, we find the conventional view of retirement trends 鈥 that the long term trend to early retirement has been reversed -- is partially contr... AL Gustman,TL Steinmeier - 《Social Science Electronic Publishing》 被引...
When can I collect Social Security? In general, people can claim Social Security benefits as early as age 62 [10]. But the longer you remain in the workforce, the larger your monthly Social Security retirement benefit may be. If you retire before reaching full reti...
Filing for Social Security is one of the biggest decisions of your life, as it can directly affect the monthly and lifetime retirement income you receive. You work hard to pay into the Social Security benefits system and earn your benefits, and you owe i
How early retirement affects Social Security payments You can start taking benefits as early as age 62, but your payout will be lower than if you start at full retirement age or later. Your full retirement age depends on the year you were born. For those born in 1960 or later, the full...
Before you claim Social Security early, you may want to think about how the move would impact your spousal benefits. To begin with, not all early filers can access those benefits immediately — and for those who are able to, the decision may not mean getting a bigger monthly check. It's...
Anderson Cooper: If someone's been paid too much in Social Security benefits, why shouldn't they have to pay it back? Laurence Kotlikoff: Because you relied on it. So you may have decided to-- retire early, or to spend the money on your child's tuition. ...
Sign up for CNBC's new online course. We'll teach you how to be more successful and confident with your money, and practical strategies to boost savings, get out of debt and invest for the future. Start today and use code EARLYBIRD for an introductory discount of 30% off through Sept....