I have worked overseas for over twenty years. As a result, my estimated monthly benefit when I start to claim would be around $200. I’m 58 and hope to keep working until 65. My wife has heard there is a way for me to “catch up” my social security contributions once we return to the US permanently. I’d be happy to make up twenty years of contributions if allowed. Would such a thing be possible? Thanks for any advice you can give us! Chris

Hi Chris,

I am 66 and have been retired for 4 years. I am not taking my SS. I plan on waiting until 70. Since SS is based on past wages earned will the fact that I will not have any earned income from age 62 to 70 cause me to receive less? Thanks

Hi,

My ssn is $1568.00 if I claim now at 65 if I wait a year its $1638.00 wow...and that's before medicare. Just got laid off....if I wait 4 more years will it go up to 2100.00 even if my next job isn't making as much as I was making?

Hi,

Hi Larry, If I should retire before I reach my 100% age of 66 years and 5 months, can I leave my SS benefit alone until age 70 but start to draw from my taxable 401K? (Leaving my Roth 401K alone). If I can do this would my SS Benefit grow by 8% per year until age 70?

Hi,

Yes, and yes. Regardless of when you retire you can wait until age 70 to claim your Social Security retirement benefits, which would then increase by 8% per year from your full retirement age until you start drawing benefits at age 70.

I am 64 years old and my wife is 59. I have been employed for 30 years and my wife is a stay home mom. I plan on retiring at age 66. what benefits will we be entitled to at that point?

Hi,

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.

My DOB is 10/17/1953. I have lost my job, but will get another job and continue to work until I can get the maximum Social Security benefit possible for me. I don't know how long it will take to get another job. How will being out of work effect the maximum amount I can receive and/or when I begin to receive that amount. Currently my SSA report says at age 70 I will received $3627 a month. I have purchased Get What's Yours, but was not able to find the answer in that yet.

Hi,

I'm a single 66.5 year old, and I recently "retired" from my Information Technology career. I'm trying to hold out until age 70 to collect my Social Security benefit. According to my Social Security statement, I would collect $3232 per month if I start at age 70. I have now started working part-time doing something I love, but I'm only making about $1,000 per month.......which is a fraction my previous salary. Will these lower wages during the next 3.5 years adversely affect the Social Security benefit that I will start taking at age 70? Thank you.

Hi,

I am 68 and still working full-time. At MY own full retirement age, I began receiving SS benefits against my ex-husband's account. (We had been married 13 years.) I was advised by the SSA representative to receive ex-spouse benefits from his account until I turned 70, at which time I would stop receiving his benefit and begin to collect my own benefit.

The yearly social security statement provided by the SSA includes an estimated benefits section that tells me how much I will receive if I work until ages 62, 63, etc. This estimate is based on my "current earnings rate." How accurate is this estimate if I only work until 59 or 62, but don't start drawing until 66 or 70? I have to assume that since the estimate is based on me continuing to work, that the SS estimate would be way off if I stopped working early, even though I didn't start collecting until later. Do I have this right?