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Turning 66 This Year? You Might Still Want to Wait on Social Security.


The amount of money you'll receive from Social Security on a monthly basis in retirement will hinge on a couple of factors. The first is your earnings history -- how much money you made during your career and how many years of work you have under your belt.

The second factor that will determine how much monthly Social Security you get is your filing age. You can claim benefits at any age once you turn 62. But you're not entitled to your full monthly benefit until full retirement age (FRA) arrives.

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Source Fool.com


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