The Social Security program is important to seniors who are retiring. However, we must emphasize the fact that your benefit alone is probably not going to be enough to support the type of retirement that you may have always envisioned.
If you want to devise a plan that includes Social Security but is not entirely dependent on it you would do well to speak with a local Indianapolis financial planning attorney who has a history guiding people toward the fruition of their long-term financial goals.
You may wonder if it is still necessary to go down to the Social Security office to apply for benefits given the fact that we are living in the electronic age. People who are ready to apply for the program can indeed do so online. This link leads to the appropriate page on the Social Security Administration website:
If you don’t want to apply online you can indeed go down to the office or give the SSA a call and apply over the phone. The number to call is 1-800-772-1213.
The age of full Social Security eligibility is between 66 and 67 if you have not yet started to receive your benefit depending on exactly when you were born. However, assuming you have paid into the program sufficiently you are eligible to receive a reduced benefit at the age of 62 if you want to go that route.
You can also delay your retirement beyond the age of full eligibility and receive a higher benefit once you do in fact apply for Social Security.
If you aren’t sure about exactly when the best time to retire would be given your unique circumstances simply discuss the matter with an experienced financial planning lawyer.