In Brief: Dec. 13, 1999

RETIRING? NOT SO FAST The new year may prompt you to review retirement plans. The Social Security retirement age, set at 65 for many years, will gradually increase until it reaches 67. If you were born in 1938, add two months to your work life. Born in '60? Make it two years. Says Don Blandin, president of the American Savings Education Council: "Americans who had expected to retire at 65 with full benefits will need to adjust their plans to ensure they will not have a shortfall in income."

If you were To receive 100% of your Social Security born...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!