Social Security Early Retirement is Being Cut

Social security early retirement is considered to be at the age of 62. That is the earliest age you can retire and still receive social security checks. But it is important to know that these checks and benefits will be lower up until the normal age for social security retirement, which ranges between the ages of 65 and 67 depending on when you are born.

It is also important to know that if you retire before the social security age of 62, your benefits will permanently be lowered, even when you do reach the eligible age, they will not go up to the normal rate.

Due to the shortages in social security money and longer living rates, many people are finding that they have to work longer in order to receive their social security benefits. And the government is planning to increase the retirement ages as long as the shortage exists and while people are living longer.

At least the minimum number of years of work needed to obtain social security is still only 10 years, but don't be surprised if that increases too. To find out more information visit www.ssa.gov