Social security was never intended to be the sole source of retirement income. Too many worker opt to receive Social Security Benefits at age 62. That means they receive 80% of benefits not intended to be total retirement income. Retirement at age 65 provides 100% of benefits not intended to be the sole source of retirement income. Those retirees that wait to age 70 to receive benefits receive 15 to 30% additional depending on age. I worked to age 81, and my benefits are adequate.
Level 1 July 5, 2012
at 8:48pm
Social security was never intended to be the sole source of retirement income. Too many worker opt to receive Social Security Benefits at age 62. That means they receive 80% of benefits not intended to be total retirement income. Retirement at age 65 provides 100% of benefits not intended to be the sole source of retirement income. Those retirees that wait to age 70 to receive benefits receive 15 to 30% additional depending on age. I worked to age 81, and my benefits are adequate.