X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Since Social Security launched in 1940, and later, Medicare in 1965, the generally accepted retirement age settled at 65. That’s when good employees who spent their lives at one company could—or maybe forced to—kick back and enjoy life.

What a difference a generation makes. Today advisors say retirement ages and goals are all over the place, depending on their clients’ financial and career status. The bigger trend, though, is retiring later, according to the Center for Retirement Research at Boston College.

A small expression of this is the gradual delaying of full retirement—for employees born between 1943 and 1955—to 66 and for those born later the age creeps up by months. Employees can take benefits earlier, but they will be less than the full amount and could be taxed.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2022 ALM Global, LLC. All Rights Reserved.