All Questions
Tagged with retirement-plan social-security
8
questions
0
votes
1
answer
105
views
Is it beneficial to take U.S. Social Security money later? [duplicate]
I noticed if I take money out starting age 60, at $N, or if at age 70, at $M. $M is close to double the amount of $N.
Is it more advantageous if I take money out later? What life expectancy age do ...
- 1,013
1
vote
2
answers
67
views
Do post-retirement earnings affect the amount of the benefit?
Suppose Person A, who does not have a full 35 years of earnings, and was not a high earner, files for retirement benefits at age 62. The benefits will be rather small.
What if Person A starts ...
- 709
1
vote
1
answer
148
views
Are the low earning spouse's earnings basically irrelevant for Social Security retirement benefit purposes?
Spouse A is in their mid-sixties and was the lower earner by far. Spouse B is five years younger and had a very good salary, but only from the past twenty years. (The previous years' income was zero.) ...
- 709
5
votes
2
answers
347
views
How are Social Security Benefits adjusted after early retirement, when collection is delayed to 70?
After trying multiple calculators, from ssa.gov (https://www.ssa.gov/benefits/retirement/estimator.html) and others (for example https://www.aarp.org/work/social-security/social-security-benefits-...
- 37.7k
2
votes
1
answer
860
views
How much is not contributing to Social Security hurting our early retirement goal?
We're a late 47 yr old childless couple, hoping to maybe early retire, and currently our main "day jobs" paychecks don't contribute to Social Security.
But we will also not get pensions from these ...
- 21
2
votes
0
answers
122
views
Help me apply Windfall Elimination Provision to my situation
I struggling to understand exactly how the Social Security's Windfall Elimination Provision applies to me in my situation (and thus what it specifically means for how long I should keep my part-time ...
- 51
2
votes
1
answer
149
views
Should I wait until I absolutely need the money to draw income from Social Security?
I started collection at age 62, but could pay it back. Sometimes I think I should put the money into one of my houses while I am able to do the work myself. I could take a loan from a 401k, but paying ...
- 21
3
votes
3
answers
262
views
Help required on estimating SSA benefit amounts
Is there a calculator that will estimate my SSA benefit amounts given:
a list of all FICA contributions I (and my spouse) have made till date (and plan to make)
the age at which I intend to start ...
- 453