Keyword Analysis & Research: retires

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Frequently Asked Questions

How long will my savings last?

If you withdraw $500 monthly your savings will last 23 years

When can I retire?

You can retire at any time between age 62 and full retirement age. However, if you start benefits early, your benefits are reduced a fraction of a percent for each month before your full retirement age. The chart below lists age 62 reduction amounts and includes examples based on an estimated monthly benefit of $1000 at full retirement age.

What is simple retirement?

The SIMPLE retirement plan is a system of setting up individual retirement accounts (IRAs) for all employees in a small organization. Often, the cost of operating a 401(k) plan is too high for a small business.

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