Five Resources to Prepare You for Retirement
Reading Time: 2 MinutesLast Updated: November 3, 2023
Social Security wants to help you prepare for a secure, comfortable retirement. “Security” is our middle name and we want everyone to enjoy the fruits of a lifetime of labor.
We mentioned before that being prepared when you retire can open new avenues of possibilities. Our website has tools and information to help you secure today and tomorrow. When it comes to retirement, we’ve got you covered with five important tools:
- Our Retirement Estimator provides estimates based on your actual Social Security earnings record. Plug in different numbers, retirement dates, and scenarios to help you decide the best time for you to retire.
- Use our Retirement Planners to help you find your ideal retirement age, estimate your life expectancy and the amount of your benefits when you retire. You can see the financial effect of retiring at different ages will be, and how various earning amounts will affect future benefits.
- The Medicare section of our website provides information about the Medicare program and answers general questions on Medicare.
- Your personal my Social Security account is one of the most powerful tools available to secure your retirement. With a personal my Social Security account, you can get your Social Security Statement that shows estimates of your future retirement or disability benefits, and the amount your family will receive in survivors benefits. You can check your earnings to verify the yearly amounts that we posted are correct. You can also get estimates of Social Security and Medicare taxes you’ve paid.
- Our online retirement application is an easy, convenient, and secure way to trail-blaze your way to retirement. You can complete it in as little as 15 minutes and, just like that, you can start the retirement of your dreams.
With these five resources, you can stay informed about your retirement options. Information is the first step toward achievement. Be ready for your next adventure!
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Tags: Medicare, my Social Security, retirement, retirement benefits, Social Security benefits, Social Security statement
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coral p.
hi i am divorced , married 21 years i get a partial retirement benefit from my ex s pension he is also drawing disability from social security i am 59 years old and have been told i could get one half of what he gets when i am 59 and a half . is that true and if so what forms would i want to start this. i thank you for any advise . coral patser
A.C.
Hi, Coral. Thanks for your question. To be eligible for divorced spouse benefits, you had to be married to your former spouse for at least 10 years, be age 62 or older, and you cannot be eligible for a higher benefit on your own record. For more information on how to qualify for divorced spouse benefits, visit Benefits Planner: If You Are Divorced. Hope this helps!
MICHAEL E.
what do you do to go from disability to retirement
I will be 66 Feb 1st and already have disability
Do I have to change anything?
john q.
am a 71 year old retired federal employee when I retired I carried over my health Insurance. do I need to apply for Part B on my medicare
Maggie
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Sanchia
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Janet
If I defer s payments until 70 do I still need to work until I am 70?
R.F.
Thank you for your question Janet. You will automatically earn Delayed Retirement Credits if you postpone receiving benefits until the age of 70. Delayed retirement credits are added for months of non-payment between full retirement age and age 70.
Gail P.
If I am 65 born 1951 and my husband is now 65 born 1952, am I able to take ssi in Jan as full benefits and my husband take half of mine as spousal and delay taking his until age 70? He is the higher income earner
R.F.
Hi Gail. If You Were Born Between 1943 And 1954, your full retirement age is 66. Generally, if you qualify and apply for your own retirement benefits and for benefits as a spouse, we always pay your own benefits first. If your benefits as a spouse are higher than your own retirement benefits, you will get a combination of benefits equaling the higher spouse benefit. If you were age 62 prior to January 1, 2016, and file for benefits at full retirement age, you can choose to receive only the spouse’s benefit and delay receiving your retirement benefit until a later date. We hope this information helps.
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