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Year of birth. Full retirement age. 1937 and before. 65. 1938-1942. 65 + 2 months for each year past 1937. 1943-1954. 66. 1955-1959. 66 + 2 months for each year past 1954
Calculating your Social Security break-even age can help you decide when the best time is to begin taking benefits. You can do that using a Social Security break-even calculator.
Deciding when to take Social Security retirement benefits is important because it can directly affect your benefit amount. While you can technically start taking benefits as early as 62, you'd ...
While the average age for retired workers to take Social Security is 65, that doesn’t mean it’s the best option for you. You’ll need to consider your own financial needs and circumstances.
One thing soon-to-be retirees need to start looking at carefully is where they fall in terms of Social Security benefits. Whether you start taking withdrawals at 62, 67, or 70, it’s important to ...
A whopping 88% of current retirees rely on Social Security to make ends meet, according to a 2024 survey from pollster Gallup, and 60% of that group say their benefits are a major source of income ...
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