Countdown to my 30th anniversary date
at the University of Florida:
Ever since I reached the magic age of 50 (how nice of AARP to honor my birthday by sending me all those reminders), I've started to give some thought to retirement. The above Javascript (Available free at The JavaScript Source) counts down the number of days until my 30th anniversary date at the University of Florida.
I can retire from UF with full benefits after 30 years of work. However, I will be 62 then and will still have a few more years to go before I can collect full Social Security payments (assuming it's still around then). As the cartoon says - "I can retire at 62, assuming I die at 63!" Many Baby Boomers believe that they can collect full Social Security benefits beginning at age 65. Well, surprise - it depends on your year of birth. Check your age on the table below:
Social Security Ages for
Full Retirement BenefitsYear of Birth Full Retirement Age 1937 or earlier 65 1938 65 and 2 months 1939 65 and 4 months 1940 65 and 6 months 1941 65 and 8 months 1942 65 and 10 months 1943 - 1954 66 1955 66 and 2 months 1956 66 and 4 months 1957 66 and 6 months 1958 66 and 8 months 1959 66 and 10 months 1960 and later 67
An expanded chart is available at
http://www.ssa.gov/retirechartred.htm
Cathy and I are in the same boat:
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