The full retirement age for Social Security has increased from 66 to 67 for those born in 1960 or later. To retire earlier, consider investing in ETFs like VOO, VTI, and SCHB for growth. Potential benefit cuts may push FRA to 68 or 69. Answering three key questions could lead to earlier retirement.

Younger workers may face longer waits for full Social Security benefits. FRA is now 67 for those born in 1960 or later, up from 66. To bridge the gap, having the right investment portfolio is vital. VOO, VTI, and SCHB are strong options for retirement income and growth potential.

VOO, tracking the S&P 500, offers diversification and a low expense ratio of 0.03%. VTI provides broader market exposure, including small and mid-cap companies, with similar fees. SCHB tracks the Dow Jones U.S. Broad Stock Market Index, giving access to 2,500 U.S. companies with a 0.03% expense ratio.

Retirement planning involves more than just picking stocks or ETFs. Understanding the difference between accumulating and distributing is crucial. By reconsidering their portfolios after answering three questions, many Americans are finding they can retire earlier than expected. Take 5 minutes to learn more about optimizing your retirement income.

Read more at Yahoo Finance: With Full Retirement Age For Social Security Changing, It’s Time To Buy These ETFs