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You can file for benefits as early as age 62, but you’ll receive a reduced benefit if you claim benefits before full retirement age. If you wait until after full retirement, your monthly benefit ...
If you're hoping to retire early, it's worth considering how missing years might impact your future benefits, especially if you need Social Security more than expected. In early retirement ...
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
Ultimately, if you retire early, you’ll reduce your monthly benefit. And, if you claim your benefits before your full retirement age (around age 67), you’ll reduce your benefits by about 0.5% ...
The average Social Security benefit overall was $1,905.31 per month in 2023. ... to claim Social Security early is if you don't have enough ... Social Security benefits, we think you could retire ...
When you hit full retirement age — 66 or 67, depending on your birthdate — you get the full benefits you are entitled to based on your work record. Your maximum benefit comes when you wait ...
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