Full retirement age
What is the True American Retirement Age?
What do most people think of as America’s “retirement age?” Many think that it is age 62, because that is when you can first claim Social Security benefits. Others consider 65 to be the official “retirement age,” for two reasons…
Is Social Security Going “Broke?”
Despite the assertion in this article’s headline that “SSA Going Broke in 7 Years,” the reality is that no such fate awaits you if you are collecting SS benefits. In other words, you aren’t in danger of your Social Security…
Ask Rusty – If Either of us Die, Will the other Get a Survivor Benefit from Social Security?
Dear Rusty: I am 79. My husband is also 79 and we both receive Social Security benefits. We were both married before, and we married each other at the age of 58. Am I to understand correctly that when either of us dies, the surviving spouse is not…
If only I had Waited Longer to Claim SS
“Hindsight is the best Foresight” As the old adage goes, “hindsight is the best foresight” and nowhere is that more evident than with some we counsel at the AMAC Foundation’s Social Security Advisory Service. We regularly speak with older seniors…
Social Security Myths, and Misunderstandings
Social Security Myths are Pervasive In our efforts to explain Social Security to those who ask questions, it is often necessary for our Social Security Advisors to provide information contrary to the questioner’s understanding of how Social Security works. Some folks who write us possess what…
Is 62 the best age to claim Social Security?
You may be eligible to collect Social Security as early as 62; however, your benefit will be permanently reduced. But waiting until age 70 yields greater benefits for most people. Even with the promise of more money, why do only…
More about Social Security’s financial future
Unless you pay little or no attention to the news these days, you are already aware that Social Security is facing a financial issue in only about 6 years (2033). We’ve chronicled that fact fairly often at this website. Continuing…
Retirement Advice deemed “The Best”
We always look carefully whenever someone claims to have “the best” advice for anything, but this Kiplinger article provides an excellent synopsis of the things you should be looking at for “retirement planning.” From evaluating your life expectancy, to investment…
Want a Bigger Social Security Payment? Here’s How
In all the years I’ve been working as a certified Social Security Advisor, no one has ever told me that they’re getting too much Social Security. Indeed, quite the opposite is true, as most lament that their monthly SS benefit…
Social Security Legends, Lies, and Misunderstandings
It never ceases to amaze me how some legends and myths grow over time, to the point that they are viewed as true, regardless of how inaccurate they might be. “Repetition does not transform a lie into a truth”[1] The…