My tax preparer said that I should not retire mid-year because of my income level. She said I will have to pay back my Social Security. Do I need to take this into consideration? Ready to Retire Related: My wife and I have $20 million and plan to retire in 5 years.

It won't be long before Social Security payments head to recipients who get paid during the third round. Here's the monthly payment schedule and how to determine when you'll receive your money.