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path1's avatar
path1
Explorer
Sep 24, 2014

Social Security question/ help please if you know

I’ve been reading articles when I see them about drawing social security early and 99.9% say drawing early is not recommended and a bad decision. The people that write these articles I bet have mor...
RV Lifestyle
pulsar's avatar
pulsar
Explorer
Sep 26, 2014
Social Security does have maximum benefits, based on your earning and your age when you retire. (The maximum amount increases, whenever there is a cost of living increase.) Here are examples of the maximums in 2014:
retirement age maximum
62 $1992
66* $2642
70 $3425

* The 66 age maximum is for whatever age is your full-retirement age, for example 66.5 years old.

Tom

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