Ask Terry Questions SSA –early?

SSA –early?

By Terry Savage on May 08, 2022 | Financial Planning / Retirement

I just retired from cta I am almost 63 should I collect from ssa at age 63 I feel comfortable to that

Terry Says

It would be better to wait until your full retirement age and do some part time work until you reach age 67. Now, if you work and collect SS, you will be penalized if you earn too much. And you’ll get a much larger SS check by waiting. So see if you can find another job– even part-time — for the next four years.

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