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Leaving the Workforce Early and How it Impacts Benefits

Larry Kotlikoff, Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, responds in this post to several questions about Social Security, beginning with one addressing a situation where the future retiree is leaving the workforce at age 59 and is asking if that will result in a reduction in benefits. As is so often the case in questions of this type, the answer is “it depends,” and in this case it depends on the earnings history of the person asking the question. Continue reading here for the answer to this and other questions…

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