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  2. How Long Do You Need to Work Before You Can Retire? - AOL

    www.aol.com/many-years-retire-130034527.html

    If you spend four years in college before starting your career at 22, you’ll work for 40 years before you can claim your Social Security benefits. The average age of retirement , however, is ...

  3. Congressional pension - Wikipedia

    en.wikipedia.org/wiki/Congressional_pension

    The accrual rate is 1.7% for the first 20 years and 1.0% for each year beyond the 20th. The basic retirement annuity under FERS is equal to the (Average High-3 Salary x .017 x Years of Service through 20 years)+(High-3 Salary x .01 x Years of Service over 20)= Annual Pension Members who began congressional service before 1984 and who elected to ...

  4. How Many Years Do You Need To Work To Receive Social ... - AOL

    www.aol.com/many-years-receive-social-security...

    While you don’t have to work 35 years in order to file for Social Security, if you can put in at least 35 high-earning years, the size of your ultimate payout will increase and make retirement ...

  5. 4 Important Moves to Make Now If You're Retiring in the Next ...

    www.aol.com/4-important-moves-now-youre...

    This year, individuals can contribute up to $23,500 to their 401(k) or similar workforce retirement savings account. However, if you're at least 50 years old, you can make a "catch-up" contribution.

  6. Planning for Retirement? 3 Crucial Moves Everyone ... - AOL

    www.aol.com/planning-retirement-3-crucial-moves...

    Image source: Getty Images. 1. Check your estimated Social Security benefit. If you've been working and paying Social Security taxes for at least 10 years, you likely qualify for retirement benefits.

  7. The 5 years before retirement are critical for Americans ...

    www.aol.com/finance/5-years-retirement-critical...

    A 65-year-old “can expect to spend an average of $157,500 in healthcare and medical expenses throughout retirement,” according to Fidelity’s annual Retiree Health Care Cost Estimate for 2023 ...

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