I have been retired for two years now, retired early (age 63). Upon my full retirement age can I collect my full benefits? Thanks Larry

Hi,

If by 'retired' you mean that you started drawing your Social Security benefits 2 years ago, then the answer is no. When you reach your full retirement age (FRA) your reduced retirement benefits would continue to be paid at the same rate.

On the other hand, if you mean that you stopped working 2 years ago but haven't yet started drawing your Social Security benefits, then the answer would be yes. If you wait until FRA to start receiving your retirement benefits you will receive your full unreduced rate. You may have better options available to you, though, so you should strongly consider using our maximization software to explore your options and determine your best strategy.

Best, Jerry