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You've decided that 2025 is the year you're finally going to claim Social Security. The government bases your Social Security benefits on your income during your working years and your age at sign-up.
This year marked the so-called "Peak 65 Zone," the biggest wave of Americans turning 65. More than 4.1 million Americans will turn 65 each year through... 5 Social Security Tips for New Retirees ...
Image source: Getty Images. A smart compromise. If you have a full retirement age of 67 years old, filing at 65 will reduce your benefits by just over 13% per month. However, filing at 62 would ...
Sixty-five is a magic age for many retirees. You're finally eligible for Medicare and can get higher Social Security benefits than at age 62. If your financial situation aligns, you may finally be...
If you're thinking you might retire in your mid-60s and you're wondering what Social Security benefits might look like then, as of the end of 2023, the average benefit for a 65-year-old was $1,563 ...
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
For most of the last century, 65 has been considered the standard retirement age in the United States, but that doesn't mean most Americans actually retire at that age. As recently as 1992, the...
Here's what the typical 65-year-old gets each month and a few important things to know. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ...