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Birth year. Full retirement age. 1943–1954. 66. 1955. 66 and 2 months. 1956. 66 and 4 months. 1957. 66 and 6 months. 1958. 66 and 8 months. 1959. 66 and 10 months. 1960 or later
If you're 65 and were therefore born in 1959, your full retirement age for Social Security is 66 and 10 months. But you can accrue delayed retirement credits up until age 70 that boost your Social ...
Many retirees have an idea of what age they want to start claiming Social Security. George C., now 77, started claiming his at 65. He's a retired worker who thought he'd cracked the code to a happy...
A lot goes into figuring out how much money you need to retire. In the end, the amount you need to retire depends as much on the amount you spend as it does on the amount you have saved.
Set a retirement budget. If you use the classic 4% rule to manage your retirement savings, with a $500,000 balance, you’re looking at about $20,000 per year in income. But that’s probably not ...
Either way, 65 is an important year to have a very solid idea of your plan, even if you can’t retire yet. Be Aware: Social Security 2024: 6 Changes That Impact Your Benefits
For a smooth ride to retirement, take these financial steps when you have 5 years to go.
For the record: 12:54 p.m. Dec. 24, 2024: A previous version of this article and headline implied that the full retirement age for collecting Social Security is increasing in 2025 for everyone.In ...
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related to: countdown to retirement date calculator 65 years later