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Your Social Security retirement benefits are calculated based on an average of your 35 highest-paid working years, so the answer to this question would be unique to the individual. At 63, you would receive approximately 80% of the amount you'd get at full retirement age (for people born before 1943, age 65; for people born between 1943 and 1954, age 66).

You can use one of the Social Security Administration's benefit calculators to estimate your benefits or request a statement showing your current benefit projects. Both processes can be initiated online.

For more information, see Sources and Related Links, below.

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Q: How much will social security pay me if I retire at age 64?
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Related questions

How do you find out how much you get when you retire at the age of 62?

where can i get info on how much will i receive from social security when i retire at age 62 or how can get in touch with social security


How much will your Social Security check be if you retire at the age of 66?

As I understand you can make as much as you want after age 66 and still draw your full social security.


Can you retire and collect Social Security at age 51?

why can i retire at 51 can i get any benenfit


What is the earliest age I can retire?

The earliest age that you can retire is at 62 years old.


Maximum earning while receiving early social security 2009?

if i retire at the age of 62 how much money can i make.


How can I talk to someone about individual retirement?

When you are ready to retire, you can contact social security and make an appointment with your local social security office, you must be age 65 to get the full benefit.


When can I begin collecting Social Security retirement benefits, and can I change my mind if I start collecting too early?

You can get Social Security retirement benefits as early as age 62, but if you retire before your full retirement age, your benefits will be reduced, based on your age. For example, if you retire at age 62, your benefit would be about 25 percent lower than what it would be if you waited until you reach full retirement age. You can still work while collecting your Social Security.


Can you apply for Social Security at age 59?

No, the earliest you can collect Social Security retirement benefits is age 62. While you may be able to retire at age 55, you will need to have other resources to draw from until you are eligible for Social Security. Retiring at age 55 is difficult for most people. Not only are not you not eligible for Social Security for many more years, but in general, you can't access your retirement accounts until you reach age 59 1/2. Also, you don't qualify for Medicare until age 65. All of these combined make it very difficult for the average person to retire at 55. If you are retiring because of disability and qualify for Social Security disability benefits, you can collect those before age 62.


If you were born in 1963 can you retire at age 62?

You will not need anything to retire at the age 62. Simply contact the Social Security office to sign up. You will need to speak with your employer if you have one to see about their requirements.


Is retirement age for women is sixty five or sixty six?

I just want to know what age I must be to retire and get full social security benefits The age of retirement varies now according to your age. The Social Security website lists the new ages. If you were born between 1943 and 1954, it's age 66.


What do you need to do to retire at 62?

You will not need anything to retire at the age 62. Simply contact the Social Security office to sign up. You will need to speak with your employer if you have one to see about their requirements.


Do you get Medicare part a at age 62?

You get medicare soon after your 24th consecutive social security check. Sucks, don't it? If you retire at 62, you'll get it at 64. Unless you are receiving [Social Security] Disability Insurance Benefits, eligibility for all parts of Medicare begins at age 65.