Full retirement age
The Role of Life Expectancy in Retirement Decisions
Right now is a good time to focus on an important question which affects your future – When should I take my Social Security benefits? While there are a number of factors to consider when making that decision, don’t overlook…
The Clock is Ticking for Social Security Solvency
Lest we forget, this article provides an excellent treatise about Social Security’s looming financial issues, now forecast to come to pass in about six short years. Don’t panic! That doesn’t mean that Social Security is going away (as in “bankrupt)…
Increasing your Monthly Social Security Payment
Well, who doesn’t want more in the monthly Social Security check? Very few, of course, and there are a few ways to increase your SS payments. This article describe a few “lesser known” rules which you can use to get…
Turning 65? Here’s what to know about Medicare!
Age 65 is a major milestone. It’s not just another age – it’s the age at which the nation’s premier healthcare plan becomes available to you, providing you with healthcare coverage for the rest of your life. But Medicare can…
Eliminating Social Security’s “Retirement Earnings Test”
The bane of many a retired senior citizen who choses to work after claiming early SS benefits, the so-called “Retirement Earnings Test” is an outdated Social Security rule which is rightly being considered for elimination. The “Senior Citizens’ Freedom to…
The Age-old Question: When to Claim Social Security?
This question has perplexed senior citizens for many years: what is the best age to claim Social Security? The confusion is, i expect, the result of several things. First of all, there is an eight year window during which everyone…
Thinking Through the Claiming Age Decision
Reaching Social Security’s early eligibility age — 62 — is a milestone for just about everybody, and it marks the first decision point on the road to claiming those retirement benefits. Claiming at that age can produce a lucrative and…
Social Security Insolvency: The News Got Worse
Many Seniors are already on edge about Social Security! If you pay attention to public media, you are surely aware that the Social Security Trust Funds are forecasted to run dry soon. Last year’s projection by the Trustees of the…
When to claim your Social Security matters
Claiming Social Security at age 70 allows you to receive the maximum monthly benefit, boosted by delayed retirement credits accrued after full retirement age. However, is this the right decision for you? Jennifer Taylor, writing for GOBanking Rates, explains how…
Is claiming Social Security 65 right for you
You can apply for Social Security retirement benefits starting at age 62, with the option to delay until age 70 to increase your monthly payments. Filing at age 62 results in a permanent reduction of your monthly benefit compared to…