What to know as Social Security recipients have to update their online accounts

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CBS News business analyst Jill Schlesinger explains a change to online Social Security accounts that will impact millions of beneficiaries.

Each weekday morning, "CBS Mornings" co-hosts Gayle King, Tony Dokoupil and Nate Burleson bring you the latest breaking news, smart conversation and in-depth feature reporting. "CBS Mornings" airs weekdays at 7 a.m. on CBS and stream it at 8 a.m. ET on the CBS News app.

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The concept of mini-retirement changed my life. I'm no longer waiting for some retirement paradise when I'm 65. It helps to know how to fund the lifestyle. You know, making money while you sip that piña colada by the beach does help. I wouldn't have been able to do it otherwise.

darnellcapriccioso
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I retired at 62, and I'm collecting at 62. I am not promised tomorrow therefore I'll get what I can take right now.

roadeomagic
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Had a friend who waited until 70, developed leukemia and died; old boss waited, never made it past 67…grab the money…

FrankieD
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Retire at 62 you will loose a little bit but you may not live to 67 or 70 and you never know when your health fails

richardschaffling
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I am with most of the commenters, , I got my social security at 62. The few extra dollars that I could have gotten are not worth it for me, especially since I have respiratory issues and don’t even know if I will live till 70😐…I was in the workforce for 41 years…I want to enjoy my life for as long as I have left ☺️

stormym
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I Retired at 62 and never looked back !! I've worked with some who waited till 67 / died a little afterwards ! Like what been said... "Grab the Money" and Enjoy your Retirement ! I'm 76 and still enjoying Life

douglasrussell
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Why are our elderly being forced to work until they're 70 years old to collect full benefits after working for 40-50 years straight!?! THAT'S FUUUDGED UP Y'ALL!

honeybadger
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The guest said people will be much better off waiting until 70 to start SS. That’s is misinformation. Not everyone will be better off waiting. There are many factors including health, longevity, and tax situation.

mart
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She is so wrong about not filing at 62. Everyone is different. You figure out what is good for you. 62 can be good for a lot of people

joannameyers
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I took mine at 62. Don't regret it a bit! I am young enough to still enjoy my life.

mousebr
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Rich people telling us regular folk to wait until we’re 70 to retire. Their jobs won’t wear their bodies out but hey we should listen to them. Right. Most regular folks have literally worked themselves to death already when they retire at 66 and 70.

OpinionatedOG
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Get your money at 62 waiting 5 years until 67 you will never recoup that 5 years of lost Revenue unless you live past about 75.

DarkmanRides
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I laughed when they said you can call SS or go into your local SS office if you need help. lol. I called 12 times and left 6 messages and NEVER helped. You also can't go into your local office now either. You have to call and make an appointment to see someone. When you call them they never ask you to make an appointment to come in and just refer you to someone in Chicago to call. There also is no way to send an email for assistance. One guy yelled at me and said "people go on vacations!" when I asked why my assigned rep wasn't answering her phone or responding to messages. He also told me to leave a very long and detailed message, like I wasn't doing that already. That is a nice long vacation and no one covers for peoples vacations? For the 7 months I was trying to get a response to my problems! Good Luck to you all.

gailarnold
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I retired and started collecting at 64, I'm not rich but I am alright and alive.

vudtlbd
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My best advice, take it at 62, a friend said he was going to wait till 65 and passed at 63, a heavy smoker. I was 90 in January started mine at 62. I spent 5 years touring this country and Canada, met the love of my life, spent 13 years with a truck rental company, every day was a blessing working with young people. Put your trust in God and go for it...No I’m not a religious screwball, haven’t been associated with organized religion for over 50 years but my belief has given me a wonderful life.

NBZW
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Questions: Why did they "jack" around with the "full retirement age"? And why is my social security money taxed? I already paid taxes on it!

steveschultz
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You wait too long and you may not live long enough to collect your benefits

joanferguson
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Online account should be voluntary, not mandatory. I choose to do my banking in person and to not connect my bank account to ANYTHING DIGITAL. Because, anything digital can be hacked. 1 out of 4 people are victims of identity theft.

LoveLee-jztj
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Retiring next year at 62. Too many die trying to wait to 67 or 72 and don't get to take advantage of what they invested in all their working lives.

anopeninvitationwithsheila
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She brought up the updating and, then,dropped it with no explanation.

patricequinn