delayed retirement
Here’s the average age retirees claim Social Security
You can start receiving your Social Security retirement benefits as early as age 62; however, you are entitled to full benefits when you reach your retirement age. If you delay taking your benefits from your full retirement age up to…
Don’t wait until you’re 70 to take Social Security
Financial planners say to wait until 70 to file for your Social Security benefits. If you wait until age 70, your monthly payments will be 24 – 32 percent higher than the benefits you would have received at your full…
Extending the working years and what it can mean for you
The long-standing norm that age 65 was the end of the working career is being upended these days, with more and more folks opting to stay in the workforce well past what used to be the standard exit point. This www.bloomberg.com…
The Importance of Social Security Advice for Women
To say that advice on maximizing Social Security benefits for women is important is an understatement. It’s more than important, given that more than a quarter of women in a study by Harris Poll for the Nationwide Retirement Institute “believe…
Reasons Why DRCs Are Unattractive to Many
According to this post by Sean Williams of the Motley Fool, less than a tenth of retirees elect to take advantage of the Social Security’s Delayed Retirement Credit provision. It’s a guaranteed 8% return on your benefit from fill retiremenht…
Making the “Big Decision” on Your Social Security
You’re probably well aware that you can file for Social Security benefits as early as age 62, or as late as age 70. There are pros and cons on each of these goal posts, and quite a bit has been…