Watch AARP’s New Celebrity Video Series with Don Rickles, ‘Dinner with Don,’ on Our YouTube Channel

Reply
Trusted Social Butterfly
Posts: 7,020
Registered: ‎02-14-2008

Re: should I start to draw benefits

[ Edited ]
Message 1 of 3 (391 Views)

Do you realize that every year you wait, your SS benefit will go up by 8%, even if nothing is paid into it (until age 70). Plus, that is accrued on a monthly basis, so you don't have to wait a year to get a benefit increase.


“The world is a book. Those who do not travel read only one page.”
Recognized Social Butterfly
Posts: 1,189
Registered: ‎04-07-2009

Re: should I start to draw benefits

Message 2 of 3 (418 Views)

I say, that is something you need to figure out. Do you really need the extra money now? Have you visited the Social Security web site, created an account, and figured out if you will lose any part of that because of your income from working? At what age do you reach full retirement age? Do you still enjoy your job and working?

Info Seeker
Posts: 1
Registered: ‎07-31-2017

should I start to draw benefits

Message 3 of 3 (430 Views)

I am approaching 65th birthday and want to continue working.  90K per year.  Should I start to draw my 2400 monthly benefit or wait?