Delay Social Security to 70: ~8% more per year after FRA, higher COLA base, and strong longevity insurance against inflation ...

Taking Social Security at 62 cuts benefits ~30% vs age 70. Early claim buys active years; waiting secures higher lifetime ...

Using the 4% rule, you could generate about $36,000 in annual income from a $900,000 nest egg. Claiming Social Security early versus waiting could change your benefit by roughly $1,000 a month.

I am looking to retire at 62. I'm single with a 12-year-old daughter, splitting parenting time with my ex-wife. I pay $1,000 a month in child support and I pay for all of her activities, which is ...

Understanding how the average Social Security check amount changes at the different milestone claiming ages — 62, 65, 66, 67 and 70 — is key to retirement planning. These figures highlight the ...

'He is retired from a state job and receives a pension that nets around $3,600 per month, as well as lifelong health insurance for both of us' Dear Quentin, I really appreciate your column and the ...

The earliest you can claim is 62, but doing so will reduce your monthly benefit by 30% from your primary insurance amount, which is the amount you'd receive by claiming benefits at your full ...

According to the Social Security Administration (SSA), the Social Security program will pay out around $1.6 trillion in benefits to roughly 72 million beneficiaries this year. The bulk of these ...