There are one set of twins that were born 87 days apart. One baby  was born on June 1, 2012. The next baby was born on August 26,  2012.
Not until you reach retirement age. Typically that's 65, though many pension plans allow you to start collecting early retirement benefits as early as age 55. If you decide to start receiving benefits before you reach full retirement age, the size of your monthly payout will be less than it would have been if you'd waited. Ask the folks who run your plan to create a simple table showing you how your payments will vary depending on when you start.
You can start receiving Social Security when you retire at age 63. But you will receive a lower monthly benefit than if you wait until you reach full retirement age. It's not easy to figure out how much money you should plan to withdraw from your savings each year. A traditional approach is the so-called 4% solution.It requires you to start with a 4% withdrawal from your nest egg when you retire and increase the amount each year only by the rate of inflation.ponsored Links. Q: I will be 63 when I plan to retire in July. My 401(k) is all I've got, and I would like to make the money last as long as I can.