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If a person takes an early retirement (age 55) from a well paying job and takes a part-time job with much less pay will it affect Social Security benefit amounts?

April 26, 2017age early Job part-time pay paying person retirement social security takes

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If a person takes an early retirement (age 55) from a well paying job and takes a part-time job with much less pay will it affect Social Security benefit amounts?

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Yes, retirement benefits are based on average lifetime earnings over the highest 35 years (after indexing earnings before age 60 to allow for fast wage inflation).