OK, You can retire at any time between age 62 and full retirement age . however your benefits are reduced if you start them early
Will you be starting benefits early?
yes that is what I wanted to know
Your benefits will be reduced a fraction of a percent for each month before your full retirement age
what is considered full retirement age? do I decide that when I stop working?
Full retirement age is the age at which a person may first become entitled to full or unreduced retirement benefits .
is there a way to know about how much my benefits will be reduced?
Yes, The chart below lists age 62 reduction amounts and includes examples based on an estimated monthly benefit of $ 1000 at full retirement age . Just select your year of birth to find out how much your benefit will be reduced if you retire between age 62 and full retirement age .
I'm not 62 years old, so is it the same for all of us?
You can select your own year of birth to find out how much your benefit will be reduced if you retire between age 62 and full retirement age .
and they take a certain amount like twenty dollars or something like that each month?