Why It's Better to Wait Before Claiming Social Security Benefits theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.
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I'm 54 with 26 years of service as a nurse. We go by the rule of 80 (your age plus years of service = 80) on our retirement plan. It will cover my health insurance. My pension will be around $7,000 per month minus taxes. I have a combined $750,000 in a 403(b) and Roth […] The post Ask an Advisor: I'm a 54-Year-Old Nurse With $1 Million in Assets and a $7k Monthly Pension. Can I Retire Now? appeared first on SmartReads by SmartAsset.
How much Social Security you get in retirement will depend on your average earnings, how long you worked and your age when you start taking your benefits. In 2024, the average payment will reach $1,906.