Full retirement age
An Argument in Support of Filing for Social Security at Age 62
“Conventional wisdom,” as espoused by many financial advisors, generally calls for waiting until age 70 to begin drawing one’s monthly benefit. Yes, the monthly payment will be larger, since the claimant has avoided the discount applied to early filers and…
We’re finally through the transition
You can begin your Social Security retirement benefits as early as age 62; however, you are entitled to full benefits when you reach your full retirement age. But, the 1983 Amendments phased in a gradual increase in the age for…
The Importance of Knowing (and Considering) Your FRA When Pondering Filing for Social Security
Surprisingly, many folks approaching Social Security eligibility are not clear on what their full retirement age (FRA) actually is. But more importantly, many folks are also not aware of the impact their FRA has on their ultimate level of benefits.…
Full Retirement Age – Few know what it is or what it means
Do you know your full retirement age as it pertains to Social Security? Apparently not many Americans do. It is easily mixed up with early retirement age and maximum retirement age. Maurie Backman explains that what it is and when…
Negative Viewpoints on Changing the Full Retirement Age
In an article on www.huffingtonpost.com, reporter Daniel Marans recaps the whitewater facing former New Mexico governor and two-time Libertarian presidential candidate Gary Johnson as a consequence of his stance on raising Social Security’s full retirement age (FRA). While Johnson’s position would call…
What is the maximum Social Security benefit and how do I get it?

So, what is the maximum possible Social Security benefit? And how much do I need to earn if I want the maximum Social Security? In 2018, the maximum Social Security benefit for a new retiree is just over $33,000 per…
Details You Need to Know About Social Security
Folks doing their research on when to file for Social Security benefits face an avalanche of information that, if not understood well, can lead to a long-term loss of benefits or a short-term surprise. The Chicago Financial Planner’s Roger Wohlner provides…
Entering Your Seventh Decade? Here Are Some Things You need to Know
For those of you aging into the time of life when ideas like retirement, financial planning, and Social Security begin to move further up your priority list, there are so me fundamentals you need to master as quickly as you…
A Summary of Social Security Issues
In a post on www.dailyprogress.com, financial advisor Jorgen Vik takes a look at a variety of issues, ranging from Social Security’s rumored bankruptcy to strategies associated with spousal benefits. He also touches on widow and widower benefits and the presence of a…
More thoughts on waiting to file for Social Security
As the song goes, “Waiting is the hardest part.” Most folks approaching their age of Social Security eligibility understand, at least intuitively, that resisting the impulse to file early produces a higher benefit later. There are reasons, of course, to…