5 New Realities of Retirement – US News

My experience has been that the happiest and healthiest retirees that I know find ways to stay socially and emotionally engaged in life all around them. For some, working or scheduled volunteering forces them to do this. Worth the read. -Jeff

Our parents were able to retire and collect full Social Security at age 65. Most baby boomers have to wait until 66. People born after 1959 have to wait even longer – until age 67 – before reaching what Social Security defines as “full retirement age.” And while the younger generations can still start collecting Social Security as early as 62, they will suffer a bigger penalty – a 30 percent cut to their full benefit, rather than 20 percent for those eligible under the old 65-year-old rule.

Read the entire article: 5 New Realities of Retirement – US News

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