The factors you should be looking at when considering how long it will take you to break-even when you wait to take Social Security retirement are more involved than you may think. First of all, the decision of whether or not to take social security benefits as early as possible, the month you turn 62, …
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How much Social Security retirement income will you lose if you take benefits early? The Social Security system is set up so that eligible workers and the beneficiaries of deceased eligible workers can start taking Social Security Benefits as early as age 62; age 60 for a spouse of a deceased worker. This can sound …
Continue reading “The Cost of Taking Social Security Before Full Retirement”
