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Phillips Esq.
Phillips Esq., Attorney-at-Law
Category: Social Security
Satisfied Customers: 17432
Experience:  B.A.; M.B.A.; J.D.
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I am anticipating retiring at age 62, with having achieved

Customer Question

Hello. I am anticipating retiring at age 62, with having achieved enough credits to qualify for benefits. My estimate says I can collect $1135 per month if I collect at age 66.2. But if I retire at age 62, and collect at 66.2, will my benefit be the same? or will it be less at the amount stated at age 62 @ 729?
JA: These retirement benefits are supposed to help us but they can be so complicated! The Retirement Expert will help you get the most benefits propertly. Is there anything else important you think the Retirement Accountant should know?
Customer: No
Submitted: 1 month ago.
Category: Social Security
Expert:  Phillips Esq. replied 1 month ago.

Hello: This isCustomer Welcome to JustAnswer! I am reviewing your post, and I will post my response very shortly. Thank you for your patience.

Expert:  Phillips Esq. replied 1 month ago.

Your Question:

My estimate says I can collect $1135 per month if I collect at age 66.2. But if I retire at age 62, and collect at 66.2, will my benefit be the same?

Response 1: Yes.

or will it be less at the amount stated at age 62 @ 729?

Response 2: No. Your benefit amount is determined at the time you actually start to receive benefits and not when you retire.

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