In my case starting to collect at 62 vice 65 meant reciveing an additional 42000 dollars before turning 65. If I had waited till 65 it would have taken about eleven and a half years for the higher benifit to catch up to what I recived. I for one don't know how long I will live but if I get to 75 I am even.
65% of 62 = 65% * 62 = 0.65 * 62 = 40.3
The earliest age that you can retire is at 62 years old.
At the age of 62, a person can retire with social security benefits. Therefore, a person at the age of 62 or older could be considered a senior citizen.
No. The monthly benefit you receive at age 62, plus any annual cost of living adjustments (COLA), will remain the same when you turn 65. When you retire early at age 62 you are basically discounting your lifetime benefits in exchange for 3 extra years of income.
How much can you earn, if you retire at 62 and still work.
between 65 and 70
where can i get info on how much will i receive from social security when i retire at age 62 or how can get in touch with social security
he was 62
no. and it isnt just women who retire.
Most Americans retire between the ages of 60 to 70, with the average age being around 65. However, retirement age can vary based on individual circumstances, such as financial stability, health, and personal preferences.
90.5% of 68.50828729 = 62
95.3