If you plan to retire at age 55, you may be worried about how that decision will affect your Social Security. Sure, it is going to decrease the amount you receive, but you may be shocked at how small that reduction could be. In this video we get into the numbers of retiring at age 55, and how little it truly affects your Social Security Benefit.

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Important Parts:
00:00 - Intro
01:07 - How Your Social Security Benefit is Calculated
02:14 - Social Security Calculation Example
03:52 - Effects on Social Security Benefit by Working Until 62
07:06 - Effects on Social Security Benefit by Retiring at Age 55
09:52 - The Side-by-Side Comparison
10:36 - When to Re-Consider Retiring at Age 55
12:11 - Conclusion

#money #finance #financialfreedom #socialsecurity

SSA Wage Indexing Site: [ Ссылка ]

How to Calculate Your Social Security Benefit: [ Ссылка ]

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