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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
For example, if you were born in 1960 or later and file for Social Security as soon as you’re eligible at age 62, your monthly benefit would see a 30 percent haircut. That would lower a $1,000 ...
When the Social Security Administration boils all those figures down, the weighted average age of all newly retired workers filing for benefits was about 65 years in 2022.
That means the average Social Security recipient will get an extra $50 per month. That will increase the estimated average monthly Social Security benefit from $1,927 to $1,976, the SSA says ...
Deciding when to take Social Security retirement benefits is important because it can directly affect your benefit amount. Calculating your Social Security break-even age can help you decide when ...
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 ...
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