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onecitizen Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-12-03 11:51 AM
Original message
Can anyone tell me what........
the retirement age is NOW? At what age does someone retire and start collecting Social Security?

Thanx
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Richardo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-12-03 11:54 AM
Response to Original message
1. If I don't start spending less time on DU, my retirement might be tomorrow
:D
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molly Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-12-03 11:55 AM
Response to Original message
2. Depends on your year of birth
Edited on Tue Aug-12-03 12:02 PM by molly
1937 and earlier = 65
1938 = 65 + 2 months
increment the months by 2 until 1943
1943-1954 = 66
1955 = 66 + 2 months
increment the months by 2 until 1960
1960 = 67

on edit - there is more to it, but the dates and ages are for full retirement benefits

here goes the rest of it:

"To qualify for benefits, you carn "credits" through your work - up to four each year. This year, for example, you earn one credit for each $890 of wages or self-employment income.
snip
Most people need 40 credits, earned over their working lifetime, to receive retirement benefits."
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onecitizen Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-12-03 11:59 AM
Response to Reply #2
3. Thanx guys!
Appreciate it a lot!
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Skittles Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-12-03 12:00 PM
Response to Reply #2
4. I remember mine for 1957
666 - 66.6 years
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Richardo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-12-03 12:04 PM
Response to Reply #4
5. Shoot! Mine's just under 20 years from now...
Edited on Tue Aug-12-03 12:06 PM by Richardo
1956 = 66yrs, 4mos. Hm. March of 2012.

I can feel that short-timers disease coming on...
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