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.
Social Security: Here's exactly how much more you could earn at age 67 compared to 62
Nearly half of American Baby Boomers expect Social Security to be their primary source of retirement income. Here's why it makes sense to wait.
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,
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.
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
This Is the Average Social Security Benefit for Age 69
I won't keep you in suspense. The average 69-year-old retired worker gets $1,945.18 per month from their Social Security benefits. This is an overall average of the roughly 2.9 million people who collect Social Security retirement benefits who are 69 years old now.
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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.