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Social Security & Medicare

(31,915 posts)

7. My goal is to wait until age 70

Wed May 15, 2024, 10:39 AM

May 2024

The payout difference for me between retiring at age 66.5 vs 70 is about $800 a month more.

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If still working should you take Social Security Benefits at 62 [View all] exboyfil May 2024 OP

I am sure it will be fixed. I'm holding out for 70. NewHendoLib May 2024 #1

I waited until 70 dflprincess May 2024 #20

yes - it is very significant. But I also feel lucky that we can wait. NewHendoLib May 2024 #21

Agreed dflprincess May 2024 #22

Keep in mind, you can only JenniferJuniper May 2024 #2

It depends on many things. flying_wahini May 2024 #3

If you continue working while collecting SS, your benefits will be reduced Fiendish Thingy May 2024 #4

I am no expert, but I do not think there is a reduction in benefits. John1956PA May 2024 #10

Here is the info from the experts: Fiendish Thingy May 2024 #12

The cap is $22320. nitpicked May 2024 #15

That only applies to the $ over the limit, not the entire year's income. CoopersDad May 2024 #18

It depends jimfields33 May 2024 #5

Different reasons for different folks CCExile May 2024 #6

My goal is to wait until age 70 Auggie May 2024 #7

I'm also holding out until 70 and have 2 more years kimbutgar May 2024 #13

Hey, we're nearly the same Auggie May 2024 #17

no, not unless you plan to die young(ish). Voltaire2 May 2024 #9

This is a very "situational" question... Pluvious May 2024 #11

Other factors to consider nitpicked May 2024 #16