Consider your health and lifestyle, marital status, and financial need when choosing the time to claim Social Security benefits. While waiting to age 70 will result in the largest possible monthly Social Security benefit, this may not be the optimal age for everyone to receive the maximum lifetime benefit from Social Security. You can register to view your official Social Security work history and estimated future Social Security benefits on the SSA administrative site. You should check it more often the closer you are to retirement and on a less frequent basis, the further away you are from leaving the workforce. I always recommend getting an estimate of your future Social Security benefits. Girls usually stop growing and reach adult height by 14 or 15 years old. When they reach puberty, growth increases dramatically again. Most teens can expect to grow a total of about 7 to. Girls grow at a quick pace throughout infancy and childhood. In fact, your genes are the major determinant of how tall youll be. Theres no magic pill for increasing height. For boys, the latest to reach puberty will still be getting taller into their late teens. Taking good care of yourself eating well, exercising regularly, and getting plenty of rest is the best way to stay healthy and help your body reach its natural potential. So that means girls who start puberty the latest will still be getting taller in their mid-teens. MORE FROM FORBES New Standard Deduction And Higher New Tax Brackets For 2022 By David Rae How Do I Get My Social Security Estimated Benefits? During puberty, boys and girls will have a growth spurt and grow to their adult height. Remember, benefits will be lowered if you start taking them before full retirement age. Eventually, your actual Social Security benefit amount is calculated based on a variety of factors, such as the age at which you start collecting benefits. Your AIME is computed by dividing the sum of all your indexed wages by 420. To get your final benefit, the Social Security Administration (SSA) calculates your Average Indexed Monthly Earnings or AIME. It could also apply to people who took time off work to care for an aging parent. Shorter working histories are common for people with several years of schooling (think doctors) or parents who left the workforce to raise children. So, working past 70 could help fill in the year with zero income or lower than average incomes. Those who work less than 35 years will see lower benefits. I won’t bore you with the specific details of the inflation adjustments here. Social Security benefits are based on your 35 highest-paid working years, with some adjustments made for inflation. How Are My Social Security Benefits Calculated?
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