Sentences with phrase «social security retirement benefits even»

Not exact matches

Even if you have never worked under Social Security, you may be able to get spouse's retirement benefits if you are at least 62 years of age and your spouse is receiving retirement or disability benefits.

In general, retirement income can come in many forms — such as dividends, interest, capital appreciation, investment principal, Social Security benefits, pensions, insurance, and even inheritances — to name a few.

thanks, and yes, a pittance of a pension and regular checkups keep us on budget and head off any problems — best decision i ever made (financial or otherwise) was serving our country doing search - and - rescue, oil and chemical spill remediation, etc. (you can guess the branch of service)-- along the way, frugal living, along with dollar - cost averaging, asset allocation, and diversification allowed us to retire early — Vanguard has been very good over the years, despite the Dot Bomb, 2002, and the recession (where we actually came out better with a modest but bargain retirement home purchase)... it's not easy building additional «legs» on a retirement platform, but now that we're here, cash, real estate, investments and insurance products, along with a small pension all help to avoid any real dependence on social security (we won't even need it at full retirement age)-- however, like nearly everybody, we're headed for Medicare in several years, albeit with a nice supplemental and pharmacy benefits — but our main concern is staying fit, active, and healthy!

If you plan on taking Social Security benefits before you reach your full retirement age — which is currently as old as 67 if you were born in 1960 or later — your benefits might be reduced even if you only work part - time.

According to a 2011 Pew Research Center poll, more than 40 percent of people aged 18 to 30 believe they will receive no retirement income from Social Security, even though Social Security receipts are estimated to equal about 75 percent of benefits on a sustainable basis under the current regime.5

Even if your retirement is years away, it's a good idea to periodically check in on your Social Security benefits.

Most people are eligible to receive Social Security benefits as early as age 62, but those benefits increase if you wait until your full retirement age (usually 67), and rise even more if you delay until age 70.

A study of persons drawing Social Security benefits showed that only seventeen percent of those retiring in good health said they did so to enjoy leisure.22 Even before retirement, «leisure» is increasingly necessary to business.

Even if you have never worked under Social Security, you may be able to get spouse's retirement benefits if you are at least 62 years of age and your spouse is receiving retirement or disability benefits.

Even those who do not have an actual job can qualify for the guaranteed personal loan because this loan is available to people who rely on benefits from Social Security Retirement, Social Security Disability, Supplemental Security Income (SSI), railroad retirement and other retirement plans, as well as those whose income is derived from child support, alimony, or palimony.

My spouse is eligible to receive Social Security retirement benefits, even if he or she has no individual earnings history.

Even if you have significant assets, your Social Security benefits are likely to play a role in your retirement planning.

Income means more than a paycheck; income calculations can include Social Security benefits, combat pay, and even contributions to retirement accounts.

And, years down the road, it is possible that your Social Security retirement benefits could even be affected.

The social security program allows you to begin receiving benefits the month after you reach age 62, or to wait until your full retirement age, or even later.

Student loans have no statute of limitations — they can even be collected from Social Security retirement benefits.

Even if they have never worked under Social Security, your spouse may be able to get benefits if they are at least 62 years of age and you are receiving or eligible for retirement or disability benefits.

Even people decades away from retirement should pay close attention to how Congress just ended two lucrative ways of taking Social Security benefits, known jointly as the «claim now, claim more later» strategy.

Although Social Security retirement benefits alone are generally not taxable, people with even a modest amount of income in addition to their Social Security payments may pay taxes on their benefits.

Most people are eligible to receive Social Security benefits as early as age 62, but those benefits increase if you wait until your full retirement age (usually 67), and rise even more if you delay until age 70.

Even though your monthly check will be reduced, there are ways early retirement can boost Social Security benefits.

Many older persons who are not eligible for Social Security retirement benefits because they have not accumulated enough work credits may nevertheless be eligible for SSI, and even many of those receiving Social Security retirement benefits may be able to supplement their benefits with SSI payments.

You might be entitled to retirement benefits under your spouse or former spouse's account, even if you never worked under Social Security.

You are still eligible for Medicare at age 65 even if your age for full retirement benefits from Social Security is 66 or older.

A recent GAO report found that even with lifespans increasing the majority of people still start taking Social Security benefits before their full retirement age.

In general, retirement income can come in many forms — such as dividends, interest, capital appreciation, investment principal, Social Security benefits, pensions, insurance, and even inheritances — to name a few.

One more good effect of working into «retirement»: Let's say that you filed for Social Security before your normal retirement age because you needed the money, even though it meant receiving reduced benefits for life.

People who qualify for social security retirement benefits can begin receiving those benefits in the month after they reach age 62, or any month after that, even though they won't reach full retirement age for a few more years.

If you're using the estimated benefit from the annual statement you receive from the Social Security Administration, make sure you're looking at the benefit you would receive at full retirement age (even if you plan to retire early).

GAO Report: Challenges For Those Claiming Social Security Benefits Early This report of the U.S. Government Accountability Office looks at the circumstances of people who file for Social Security benefits early to understand why they do so even though taking benefits before full retirement age reduces monthly pBenefits Early This report of the U.S. Government Accountability Office looks at the circumstances of people who file for Social Security benefits early to understand why they do so even though taking benefits before full retirement age reduces monthly pbenefits early to understand why they do so even though taking benefits before full retirement age reduces monthly pbenefits before full retirement age reduces monthly payments.

Even if you have some kind of pension or Social Security benefits that kick in at retirement, you may not have enough money to enjoy the kind of life that you want.