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You can reap a higher benefit at “full” retirement age — from 66-67 depending on when you were born — and the highest-possible benefit at age 70. Social Security will pay you more for waiting.
The most popular age for starting to collect Social Security benefits is actually 62, according to a 2019 report from the Center for Retirement Research at Boston College. Here's a look at...
Taking Social Security at age 62 can make sense for retirees with health issues. If you're done working for good and do not expect to earn above the annual limit for Social Security earnings,...
The earliest you can start taking Social Security retirement benefits is 62. However, the Social Security Administration reduces benefits by 30% for people who retire at 62, meaning they receive...
While you’re eligible claim at 62, there may be benefits to waiting until age 67 or 70. Below, we discuss why timing is so important when it comes to your Social Security benefits. We also walk through the pros and cons of claiming Social Security at 62 vs. 67 vs. 70 to help guide your thinking.
Rather than wait until 65 or later, you grab Social Security retirement benefits at 62, which is the earliest you can do it.
The best reason to claim Social Security benefits at age 62. So when should you claim those benefits? Well, there are many considerations, and the answer is different for different people. But...