Freedom also brought with it opportunities for self-improvement and getting ahead, and differences of class and location also fostered different kinds of religious practices and beliefs. Gradually, Southern religious life became as variegated as that in the North, with Protestant churches to suit a variety of styles.
Your full retirement age Is 67. Remember, the earliest a person can start receiving Social Security retirement benefits will remain age 62. If you start receiving retirement benefits at. 1  age 62, you will get 70% of the monthly benefit because you will be getting benefits for an additional 60 months.
The earlier you start drawing Social Security, the smaller your monthly payment will be. If you start at 62, you will receive 25 percent less per month than you would at your full retirement age of 66 (if you were born between 1943 and 1954). For those born later, the reduction grows gradually to 30 percent. The retirement age is 67 for people born in 1960 or later. For those born between 1955 and 1959, a few months are added each year to bridge the gap from 66 to 67. If you can wait until youâre 70 to claim Social Security, your monthly payment will be 32 percent more. Waiting until after 70 does not increase your monthly benefit. [Read: When You Should Take Social Security .].