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You can also stretch your retirement income by choosing to retire at age 70. You’ll receive 100% of your benefits at your full retirement age, which is 67 for anyone born after 1960.
You can also stretch your retirement income by choosing to retire at age 70. You’ll receive 100% of your benefits at your full retirement age, which is 67 for anyone born after 1960.
Workers can file for the retirement benefit as early as age 62, but the tradeoff is a roughly 30% reduction in their monthly checks compared with waiting until full retirement age, which is either ...
Retiring at age 65 is no longer a given. ... And while Gallup found that, as of 2022, the average U.S. retirement age was 61, the average expected retirement age among non-retirees was 66, up from ...
The full retirement age is set to increase again by two months, to 66 years and 10 months old, for people born in 1959. That means the higher FRA for that cohort will go into effect in 2025, with ...
The same survey also found that just over 70% of older individuals — ages 55 to 64 — are even less confident about retiring by 65. If you’re wondering whether retiring at 65 is still ...