Start with the basics — learn what Social Security is and how it works, as well as why you need it and how to qualify Take the plunge — find out how to file for Social Security, collect and keep your benefits, and deal with the Social ...
Here's an example: Arnold, a well-paid architect, dies of a heart attack at 56, leaving behind three children and a widow. At the time he died, Arnold had 35 years of covered employment. His full retirement benefit, based on earnings of ...
The difference between a smart claiming strategy and a dumb one can cost you hundreds of thousands of dollars, so you'll want to invest in this book." —Liz Weston, personal finance columnist and author of The 10 Commandments of Money ...
These numbers are only estimates and do not include cost‐of‐living hikes, which could make the break‐even age come earlier. But they can add perspective to your claims decision. What's most important is for you to consider how long you ...
If you live longer, you could be better off taking your benefits at 66. » If you're comparing full retirement at 66 with delayed retirement at 70, your break-even age is typically several months after your 82nd birthday.
A guide to Social Security benefits for retirees, dependents, and the disabled covers the filing process, eligibility, Medicare, earnings limits, retirement planning, and related questions.
The difference between a smart claiming strategy and a dumb one can cost you hundreds of thousands of dollars, so you'll want to invest in this book." —Liz Weston, personal finance columnist and author of The 10 Commandments of Money Open ...