The idea of retirement appeals to all of us. Having time to do what you want, when you want an not having to worry about answering to a job or other commitments is a wonderful prospect. Choosing to retire early can have consequences that you are not thinking about. The Effect on your Spouse If [...]
Understanding how social security benefits work is important for any seniors who are considering retirement. Taking an early retirement and starting to collect social security early has consequences that many retirees are not aware of when they do it. The most costly can be the reduction of monthly payments made when early retirement is taken. [...]
If you are divorced, you may collect Social Security benefits on your ex-spouse's record provided you meet certain qualifications. You are at least 62 You are unmarried You were married to your ex-spouse for at least 10 years Your ex-spouse qualifies for Social Security retirement or disability benefits. You do not have to meet the [...]