My name is Steven Ceceri and I am with EverBank Reverse Mortgage, LLC a dedicated Nationwide Direct Lender and Servicer of only Reverse Mortgages. I am happy to answer the question you posed on March 9, 2008 as follows:
If you visit the following website at: http://www.socialsecurity.gov/planners/calculators.htm you should be able to ascertain how much you can receive based on your age and a few other details that you will need to enter.
If you would like any details on how a Reverse Mortgage could benefit you or anyone you may know, please allow me to help. My goal is to educate anyone interested in learning more about how a reverse mortgage may be beneficial for their financial circumstances so they may have an option that they didn't think was available to them in determining how to proceed in their later years.
I would be happy to answer any questions. Feel free to contact me directly if you have any questions or comments.
Steven V. Ceceri-Reverse Mortgage Consultant, CMPS
In general, most people can start Social Security at age 62. However, your monthly payments will be less than if you delay until your maximum retirement age.
-- To determine your maximum retirement age (the age at which you could maximize your monthly income), please visit:
-- If you would like more information about the many benefits of working when you are of retirement age, continue here: http://www.newretirement.com/Services/Working_In_Retirement_Reasons.aspx
-- Learn more about the benefits of delaying Social Security here:
You might want to visit your local Social Security office. You can locate it here:
**All above answers are provided as general information only. No warranty is made regarding the fitness or accuracy of the information provided in this answer. You should seek advice from a licensed CPA, attorney or CERTIFIED FINANCIAL PLANNER™ as to your unique financial situation.