Full retirement age

Ways to alleviate Social Security’s Insolvency

Both Social Security and Medicare are popular with Americans on both sides of the aisle, but their is a deep divide on how to fix the situation. Some possibilities include, raising the tax limit, raising taxes, and raising the Full…

A Puzzle to Solve : What is the best Social Security claiming age for YOU !

Social Security recipients can choose to take benefits anytime between ages 62 and 70. So how do you sort all that out and make the right decision for yourself? If you take it before Full Retirement Age it will be…

Making That All Important Decision – When to Claim Social Security Benefits?

The attached article by Stefon Walters on June 2, 2024 for The Motley Fool has information to help guide this decision. First, know your Full Retirement Age and how your benefits are affected by starting before or after that Age.…

About Raising Social Security’s Full Retirement Age

Hyperbole and apparent political endorsement aside, this Motley Fool article by Maurie Backman identifies and tacitly endorses a controversial solution to Social Security’s financial woes – raising the full retirement age (FRA). FRA is when a claimant can get 100%…

Be Smart About Your Social Security Benefits

Let’s face it – Social Security was never meant to be your sole source of income in retirement. In reality, Social Security provides only about 40% of what you’ll need to retire comfortably, so having an additional source of income…

The best age to begin your Social Security benefits

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 full retirement age. If you delay taking your benefits from your full retirement age up…

Ask yourself these three questions

Social Security is the largest source of income for most beneficiaries, replacing only 33 to 55 percent of earnings for the average worker. So, it is essential to make the most of your benefits. Katie Brockman suggests you ask yourself…

Help boost the amount of your monthly check

A recent Gallup poll found that 59 percent of retirees said their monthly Social Security check is their leading source of income. So, achieving a higher monthly benefit is essential to many seniors. But what if you were many Americans…

Is it worth it to take early retirement?

We all dream of early retirement, but what if someone told you the financial benefits of working just one year longer? Would you do it? Or would you say, I want to retire; I’ve been working for forty years. Jordan…

Many seniors find “un-retiring” is a better option

For many seniors, working a whole career can get stale, causing retirement to look extremely attractive. But about 2 in 5 Americans have found that retirement isn’t all they dreamed it to be, and have returned to work – in…

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