I am 56 now.
Running SS online statement, I see that I will receive $1700/month if I take it at 62. The assumption is to continue working till 62 for this calculation.
Using the Quick Calculator on SS site, I entered $110,100 for current year earning since that is maximum earnings covered by SS for 2012. If I choose Jan, 2013 to retire, I will get $1673 at 62.
Working and contributing to SS for 6 more years, will only increase $27 per month for me.
Running SS online statement, I see that I will receive $1700/month if I take it at 62. The assumption is to continue working till 62 for this calculation.
Using the Quick Calculator on SS site, I entered $110,100 for current year earning since that is maximum earnings covered by SS for 2012. If I choose Jan, 2013 to retire, I will get $1673 at 62.
Working and contributing to SS for 6 more years, will only increase $27 per month for me.