Saturday, September 17, 2011

Best Age to Retire Calculator

Met Life has a quick 3-question calculator to estimate how postponing your retirement will effect your Social Security benefit. See Met Life Social Security calculator at metlife.com/fileassets/sscalc.

For us boomers born between 1943 and 1954, here’s a chart showing how our Social Security benefit will be reduced for each month we retire short of our full retirement age of 66: http://www.socialsecurity.gov/retirement/1943.html

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