Lori Stewart, RICP®



Montgomery, Texas 77356





Social Security

What if you look at Social Security Retirement paychecks as an insurance policy (i.e. there when you need it) or an investment (i.e. risks equal higher returns) ?

Full Retirement Age (FRA) is when you can take a S.S. paycheck without a pay cut. Retiring early not only reduces your S.S. paycheck but significantly limits and restrict your potential for additional income earnings.

*Someone retiring at 62 with FRA of 67 takes a reduction of 30% for the retiree and 67.5% for the spousal benefit.

  • Born in 1943-1954, FRA is 66. 
  • Born in 1955, FRA is 66 and 2 months.
  • Born in 1956, FRA is 66 and 4 months.
  • Born in 1957, FRA is 66 and 6 months.
  • Born in 1958, FRA is 66 and 8 months.
  • Born in 1959, FRA is 66 and 10 months.
  • Born in 1960 and later FRA is 67.

Resource page:

The United States Social Security Administration <http://www.ssa.gov/>           

The government hyperlinks are for educational & informational purposes only. Careful Benefits and our affiliates do not work for nor represent the federal government or any attorneys in any way whatsoever.

Insurance companies have a contract with Medicare. I am a licensed sales agent by the State of Texas only, not an attorney nor tax professional.