Collecting Social Security

@webeishere (36313)
United States
October 1, 2009 12:14pm CST
Okay, as most here know I am 55 and semi retired. I am my fathers caregiver and stay home all day tending to him. Now my questions is basically for Americans. I am wondering at what age am I eligible to collect Social Security payments from the Government? The starting age is what I want to know. I know the older one is the more they get of what they paid in. But I am curious when I can start collecting SS. HAPPY POSTINGS FROM GRANDPA BOB!!~
9 people like this
12 responses
@dawnald (85137)
• Shingle Springs, California
1 Oct 09
Go here and check it out: http://www.ssa.gov/estimator/ I don't think I'm eligible until I'm 66 1/2, but maybe you got in before they changed it.
5 people like this
@dawnald (85137)
• Shingle Springs, California
1 Oct 09
Well I did mine, and I'm eligible for reduced benefits at 62 and full benefits if I wait until 66 and 8 months... If I start early, my full benefits are reduced by some fraction of a percent or something. Benefits go up again at age 70. Fun, fun...
5 people like this
@webeishere (36313)
• United States
1 Oct 09
It states they can't find any information for me. Too funny. I get things in tha mail from them a lot. Oh well, I wait till I get the form telling me what and when I can collect in May around my birthday. HAPPY POSTINGS FROM GRANDPA BOB!!~
3 people like this
@dawnald (85137)
• Shingle Springs, California
1 Oct 09
Don't you just LOVE computers?
5 people like this
@minnie_98214 (10557)
• United States
1 Oct 09
Semi Retired? Ha Ha Ha Sorry just had to laugh at that. I know you care for grandpa and well I wouldnt trade you jobs for anything. Ill keep changing savannas diapers at least I know someday I wont have to lol.
3 people like this
• United States
1 Oct 09
Heck no I will get a nurse to do it or something. Andy makes enough money we can pay someone.
2 people like this
@webeishere (36313)
• United States
1 Oct 09
Ummm..... Maybe in the future you'll be changing mine or moms diapers. HAPPY POSTINGS FROM DADDY!!~
1 person likes this
@Polly1 (12644)
• United States
2 Oct 09
I think the earliest you can get it is 62 yrs. old unless you are disabled, then you can get it earlier and its a different program.
2 people like this
@pyewacket (43903)
• United States
2 Oct 09
I see everyone has pretty much solved your dilemma. But no, at 55 one can't get their Social Security. My mother opted to get/start her benefits at age 62 rather than wait until 65 and was penalized for it...if she had waited she could have gotten about $300 more a month...rather dumb when you consider she was paying into SS all along so technically speaking WAS her money--so hang in there until 65 and then you'll get your full benefits due you
2 people like this
@tyc415 (5706)
• United States
1 Oct 09
I think right now the age is 62 but your monthly benefit amount will be reduced by about 30 percent. So it looks like you still have a few years to go. :) 63 is about 25 percent; 64 is about 20 percent; 65 is about 13.3 percent; and 66 is about 6.7 percent.
2 people like this
@webeishere (36313)
• United States
1 Oct 09
Thanks bunches. I told my wife I wouldn't be eligible till 62. HAPPY POSTINGS FROM GRANDPA BOB!!~
1 person likes this
@enola1692 (3323)
• United States
2 Oct 09
my mom just started getting hers when she turned 62 but my question to you is when i was run over by the forklift years ago they said my mom could get a small check for taking care of me every month you know what i am sure you do for your dad you might want to look in to that my mom didnt get hers cause i took care of myself an was walking before u know it good luck
1 person likes this
@GardenGerty (169439)
• United States
3 Oct 09
I think the earliest you and I can collect is now 63. They keep pushing the date back. I am 56.
• United States
6 Oct 09
i think it's 62 minimum unless you're disabled,in which case you'd mostly likely be on SSI-D instead.
@CatsandDogs (13963)
• United States
15 Oct 09
Hi Grandpa Bob! I only know bits and pieces about this so I'll tell you all that I know. My mother was a caregiver to the elderly as well and she took an early retirement. I'm not sure what age since it was a quite a few years ago but I did find the number to call the social security office which is 1-800-772-1213. Here's the link to their site http://www.ssa.gov/pubs/10035.html I know that once you retire, you can make only so much a year before you have to claim it on your taxes but it doesn't up the amount you get every month even if you add to social security. I think that amount is $10,000. but I can't be sure. You really need to call the social security office to find out for I'm sure that every person is different. Good luck!!
• United States
3 Oct 09
As far as I know it's 65 & older if you want to collect a higher amount. Sadly they say my generation won't see social security so I'm not thinking about retiring in 40 yrs. I'm thinking of my kids getting a good education so they can help out mom & dad if SS goes belly up by the time I hit 70.
@dragon54u (31633)
• United States
1 Oct 09
I wouldn't do it unless you really have to, because they'll be reduced benefits. I'm curious too, though. No jobs here that I'm able to do, I'm 55 and could really use some money! I'm curious, what did you used to do, what kind of a job did you have before you became a full time caretaker? And what a good son you are!
1 person likes this
@Barb42 (4214)
• United States
2 Oct 09
Retirement can be 62 to 70. FULL retirement is 65 + months, according to what year you were born in. Here is a website you can go to in order to figure out when you want to get your Social Security. My husband took early retirement from his job at 55, and took his SS at 62. He wishes now he had waited until 65, but it would have been plus about 8 or 9 months, if he had. He added up the amount between 62 and the 65 age and how long it would have taken him to get that money back and it's many years. So he chose to take it at 62 and I took it the next year. Check this site out: http://www.socialsecurity.gov/retire2/agereduction.htm