What does age 82.5 have to do with Social Security? - AMAC & The Motley Fool
If people know anything about Social Security it is that you can claim it age 62, though all may not realize that comes with a permanent reduction. Fewer know that full retirement age is 67 (for those born 1960 or later). Fewer still likely realize you can maximize lifetime benefits by waiting until 70. But what if you do wait until 70? When do you get back the 8 years, or 96 months, of not receiving a benefit and break even or “pull ahead?” Stefon Walters explain sit all in this piece, and the answer is about 82.5 years. Read full article here.