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Social Security, the retirement age
Here's the Average Social Security Benefit for Retirees at Ages 62, 66, and 70
A study published by the National Bureau of Economic Research in November 2022 found that 90% of workers ages 45 to 62 would maximize their Social Security by claiming benefits at age 70. Yet, less than 10% of newly awarded retirees actually waited that long in 2023, and the percentage is similar in prior years.
Social Security's retirement age increases today. Here's what to know
In 2024, the life expectancy for someone born in 1959 was 74 for men and 80.1 for women, according to a Social Security report. The report predicts continuing increases in life expectancy, which translates into even more years that beneficiaries will receive Social Security checks.
The biggest Social Security changes taking effect in 2025
As we step into 2025, you may be setting financial goals. While you're at it, you should also keep tabs on the Social Security changes this year.
Social Security Matters
My wife will reach her full Social Security benefit at 66.5 years of age which is just under 2 years away for her now. If she were to begin to get her monthly check now (i.e. early), would that prevent her from being eligible for the spousal benefit to receive half of what I am currently drawing?
3 Reasons I'll Be Taking Social Security Long Before Age 70
The age you file for benefits will directly affect your monthly payments. Delaying until 70 will earn you the highest possible monthly checks, but there are drawbacks to consider, too. In some cases,
First round of January Social Security payments goes out today
The first round of January’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, goes out to the first group of retirees today. Here is all you need to know about this month’s Social Security payments,
I’ve Lived on Social Security for 7 Years: 5 Things I Always Buy for My Home
Stan T. has mastered the art of maintaining his 1970s ranch house on a fixed income. After seven years of living primarily on Social Security benefits, this 72-year-old former mechanic has figured
How is Social Security changing in 2025? Here’s a look
Carl Carlson, founder and CEO of Carlson Financial, visited Eye on NE Kansas to take a closer look a changes for Social Security.
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Ask an Advisor: Can $1.4M in Savings and $1M in Stocks Secure Retirement at 70?
I‘m a 68-year-old single man in good health and I plan to work until I am 70. As of now, I have $400,000 in CDs, about $1 ...
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5 Signs You’re Not Ready To Retire at 70
There's no magic age for retirement. One person might retire at 30, and another might continue working well into their 70s.
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Do Social Security Recipients Owe Taxes? Here's the Truth
Levine emphasized a crucial point: if Social Security is the sole income source and it's limited to $26,000 or $27,000 ...
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This 1 move could shrink your Social Security check by up to 30%
You can maximize your benefits if you wait to claim Social Security until your full retirement age or older. However, ...
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