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The 7 Most Popular Ages When Americans Plan to Retire

The 7 Most Popular Ages When Americans Plan to Retire
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Social Security Administration

Social Security Administration
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How to Calculate Your Social Security Break-Even Age

How to Calculate Your Social Security Break-Even Age You have an eight-year window to start taking Social Security. When is the best time for you? This story originally appeared on SmartAsset. Deciding when to take Social Security retirement benefits is important because it can directly affect your benefit amount. While you can technically start taking benefits as early as 62, you’d receive them at a reduced amount. On the other hand, you could delay taking benefits up to age 70. Calculating your Social Security break-even age can help you decide when the best time is to begin taking benefits. You can do that using a Social Security break-even calculator.

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Detailed text transcripts for TV channel - MSNBC - 20130206:20:09:00

take care of all of us. i have two for you. i like that lens. you are talking about i like you challenging the notion of calling it entitlements. what should we call it instead? i think we should call it investment. take social security. one third of all americans rely 90% of the pay they get to pay for food and pay their rent and pay for their heating bill is paid for by social security. for over 50% of americans, social security is paying close to 50% of their cost of living. we have to look at what people are actually able to pay their bills. far too many americans are retiring without the ability to pay for their cost of living. that means they are sinking into poverty. if you are black, by the way, the rate is 40% of black people rely on social security to pay 90% of expenses because we earn

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Detailed text transcripts for TV channel - MSNBC - 20120512:15:18:00

pennsylvania two years ago, a very small turnout. had there been a more representative turn out,outurno that it would have been different. i opened up on the question with media, but leaning forward does not necessarily mean leaning left and i go back in part to joanne s point earlier that we are talking about a majority of the americans for example with support for a social safety net, and only a minority against that and sort of an order to govern in that way, and i do hear you say that journalism and point of view television is a different in that way, but is there a model that we can use to stand very strong on our own positions and ideas and also make space for the realities of governing, and what the does that look like to the folks at the table here? well, not on fundamental issues. not that on one hand both sides do it. take social security.

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