If you are 62 or older by the end of 2015, you will still be able to choose which benefit
you want at your full retirement age.
Not exact matches
«If they
want to collect divorced spouse benefits
at full retirement age and switch to their own later, they should say it in the comments.
So if you're going to continue to work past
full retirement age, even if you decide to collect your benefit
at 66, let's say, I collect my benefit
at 66, but I'm young, spry, and I still
want to work for another 10 years.
So what this is referring to is that, if you are not yet
at full retirement age, and you
want to take your Social Security — so in other words, 62, 63, 64, 65 years of
age.
In fact, if Bill just
wanted to match his current income (after
retirement savings) of $ 45,500 a year, he could retire
at age 62 — three
full years earlier — and take all of his living expenses out of his
retirement savings for the first three years, then have a safe withdrawal rate for the next 30 years supplemented with Social Security to «bring home» $ 45,500 a year.