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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
Most Americans may consider the standard retirement age to be 65, but the so-called "full retirement age" for Social Security is already older than that — and it's about to hit an even higher ...
If you're thinking you might retire in your mid-60s and you're wondering what Social Security benefits might look like then, as of the end of 2023, the average benefit for a 65-year-old was $1,563 ...
A separate analysis from the Center on Budget and Policy Priorities found that the poverty rate for adults aged 65 and above would be nearly four times higher if Social Security didn't exist -- 10 ...
Someone with $1.5 million in assets on top of Social Security income may be able to maintain a comfortable retirement starting at 65 with the right circumstances. While this is can be a relatively ...
Image source: The Motley Fool. Although most Social Security newcomers' full retirement age is 67, you can begin claiming benefits as early as 62 (reducing monthly benefits) or delay them until 70 ...
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