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  2. Early Retirement or Delayed Gratification? A Guide to Social ...

    www.aol.com/finance/early-retirement-delayed...

    For every year you delay after reaching full retirement age, you qualify for an extra 8% in benefits. The boosted benefits cap out at 32% above your FRA benefits, when you reach age 70. Changes to ...

  3. Social Security retirement age: When to take Social Security ...

    www.aol.com/finance/social-security-retirement...

    Year of birth. Full retirement age. 1937 and before. 65. 1938-1942. 65 + 2 months for each year past 1937. 1943-1954. 66. 1955-1959. 66 + 2 months for each year past 1954

  4. 3 Key Steps to Hitting That Magic Number for an Early Retirement

    www.aol.com/3-key-steps-hitting-magic-175728536.html

    Take these essential steps to calculate your early retirement "magic number" and make ... DeLeo advises that people new to their early retirement savings journey apply the 4% rule to estimate how ...

  5. Chart: What Will Your Social Security Penalty Be If You ... - AOL

    www.aol.com/chart-social-security-penalty-retire...

    The post Social Security Benefit Reduction for Early Retirement Chart appeared first on SmartReads by SmartAsset. ... but SmartAsset’s Social Security Calculator gives you a look inside. Input ...

  6. Thinking of retiring early? Here's what happens to your ... - AOL

    www.aol.com/finance/thinking-retiring-early...

    The resulting calculation is called your primary insurance amount — the amount you’ll receive at full retirement age. The average Social Security benefit was $1,907 in January 2024, according ...

  7. How Soon Can You Apply for Early Retirement & Get Social ...

    www.aol.com/soon-apply-early-retirement-social...

    You can choose to claim retirement benefits as early as age 62. However, SSA will reduce your benefit by about 0.5% for every month you receive benefits before your FRA.