Social Security Retirement Age: When Can You Retire?
June 13, 2009
Currently, there are several ages to consider when it comes to Social Security retirement benefits.
The full retirement age for people retiring now (including baby boomers who were born between 1943 and 1954) is age 66. The full retirement age will gradually increase for people born after 1954 until it reaches age 67 (for people born in 1960 or later).
However, people can choose to collect benefits as early as age 62, as late as age 70, or anywhere in between.
Get The Most Out of Your Social Security Benefits
June 11, 2009
For years, we’ve heard that Social Security is “going broke” or that it “won’t be enough”.
While Social Security is definitely facing some challenges, baby boomers are starting to realize that Social Security will be an important source of retirement income after all.
In this blog, we’re going to teach you about the history of Social Security, how you become eligible for benefits, how your Social Security benefits are calculated, what happens when you apply for early benefits, how your benefits are taxed, and much more.
Basically, we’re going to get you thinking about Social Security before you retire, so you can make informed decisions and get the most out of your Social Security retirement benefits.