Retirement income is a must for many people. They retire but do not have enough iocome to live on, so they may need to seek part time employment.
Fortunately, you can supplement your social security with retirement income and not have it affect your benefits. For 2010, that limit is $14,160. That means you can earn $14,160 and still collect whatever social security payments you are now receiving.
If you are under the full retirement age for the entire year, they will deduct $1 from your benefit payments for every $2 you earn above the annual limit.
In the year you reach your full retirement age, $1 in benefits will be deducted for every $3 you earn above a different limit, but they only count earnings before the month you reach your full retirement age.
You need to check with social security to be certain how they will handle your retirement income based on your current situation.
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