Reported 3 days ago
The traditional view that retirement should occur at age 65 is being challenged by experts. In a recent discussion, Robert Powell highlights that for individuals born post-1960, the full retirement age is actually 67 to receive complete social security benefits. He emphasizes that waiting until age 70 can provide the maximum benefits, both for individuals and their spouses. However, with average monthly social security benefits around $1,400, Powell advises that this should not be the only income source during retirement, urging retirees to plan accordingly.
Source: YAHOO