Aging in Arkansas

  • Hosted by Rosalie Otters

Aging in Arkansas is written, produced and hosted by Rosalie Otters, Associate Professor in the UALR School of Social Work. Professor Otters is specifically interested in issues of aging and change.

Increasing Your Retirement Finances

Dec 1, 2014

As baby boomers plan for retirement, they often want to know how to increase their finances. If you wait past your full Social Security retirement age, 66 to 67 for baby boomers, you can get 8% more for each additional year up to age 70. However, you will have lost some payments and therefore must live longer to get ahead of those who took the earlier, decreased payments.

Surveying The Landscape of Retirement

Oct 22, 2014

In the recent recession, many older baby boomers who lost their jobs have had more difficulty finding another job, especially a job at the same pay. Some older baby boomers have stopped seeking work and have taken early retirement, while others have found work, often at reduced pay.

Older baby boomers may access Social Security as soon as 62, the earliest age to apply. At 62 baby boomers can get partial Social Security, but only 75% of what they would get if they waited until full Social Security – which comes at 65 to 67, depending on birth year.

Who Gets Social Security Disability?

Oct 15, 2014

Some Social Security benefits go to surviving spouses and children, but most go to older adults. The bulk of Social Security disability claimants are 50 years old and over.

When Should I Start Taking Social Security?

Oct 8, 2014

There are some things to consider before applying for Social Security. The earliest age you can apply, unless you have a long-term disability, is 62. At that time you can receive 75% of what you would have received if you had waited for full Social Security, accessed at 65 to 67, depending on your birth year.

Some Basic Facts About Social Security

Oct 1, 2014

The youngest baby boomers, born in 1964, turn 50 this year. Boomers of all ages often want to know how to maximize their financial future.

Moving toward retirement means knowing when to apply for Social Security. You can get partial Social Security for retirement as early as 62, but not as much as if you waited until your mid-60s for full Social Security.

The age to apply depends on your birth year. For those born between 1943 and 1959, you must be at least 66. If you were born in 1960 or later, you must be 67 to receive full Social Security benefits.