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A new year, a new number for Social Security and the benefit program's full retirement age. Most people associate the age of 65 with retirement – although there's data suggesting the average ...
Although traditionally many Americans have envisioned retirement age as 65, "full retirement age" is actually 67 for those born in 1960 or later, according to the Social Security Administration ...
But Social Security benefits are designed to replace about 40% of a person's working income. Gen X, meanwhile, is also shaping up to hit retirement without enough saved for their golden years.
Birth Year. Full Retirement Age (FRA) 1943 to 1954. 66. 1955. 66 and 2 months. 1956. 66 and 4 months. 1957. 66 and 6 months. 1958. 66 and 8 months. 1959. 66 and 10 months
The $ 22,924 Social Security bonus most retirees completely overlook. If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known ...
Turning 62 is a big milestone. For many, it marks the end of a decades-long career. It also signals eligibility for Social Security benefits, a primary source of income for a lot of retirees.
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