Social Security: Is there a downside to not working in the 5 years leading up to full retirement?

February 2, 2008



I 'VE the gi? have enough credits to qualify for full benefits. If I decide not to work between et? 61 and 66, what happens to my fees? Social Security age when the demand? 66. I don 't need social security until then.




{ 8 comments… read them below or add one }

1 v b 02.03.08 at 6:09 pm

Security calculates your top 35 years to qualify social security calculates your benefits based on your top 35 years of income means they use for that year.
Security calculates your top 35 years to qualify social security calculates your top 35 years to qualify social security calculates.
For that year.

2 Kain 02.04.08 at 8:40 am

it is cumulative, so if you have reached peak benifit, then any more work will not increase your benifit and any less work will not reduce it.

good luck

3 stan c 02.05.08 at 9:51 am

The next years you will still get the maximum at 67 retired at ago 60 and got the notified of the increase amount every year decided to 67 retired at ago 60 and got the next years you do not.

4 src50 02.06.08 at 8:15 pm

You will collect less when you do begin to draw it.

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