Regret Claiming Social Security Early? You May Not Have To
Your Social Security benefits are based on your lifetime earnings. Your wages during your 35 highest-paid years on the job are averaged and adjusted for inflation to arrive at the monthly benefit you're entitled to upon reaching full retirement age, or FRA.
FRA isn't the same for everyone. Here's a breakdown of what it looks like by year of birth:
Year of Birth
Source Fool.com
