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You can start getting Social Security retirement benefits when you turn 62 years old, the earliest age when they're available. However, there are downsides to starting benefits at such a young age.
If you know a little about Social Security, you may know that you can start collecting your benefits as early as age 62 and that you can delay starting to collect them for a long time.
An investor weighing taking Social Security benefits at the age of 62 rather than waiting to reach her full retirement age. ... There's a close-second strategic reason to start collecting Social ...
While you can begin taking Social Security as early as age 62, you’ll receive your entire benefit if you delay until your full retirement age. Plus, Social Security will pay you a bonus if you ...
As you can see, the maximum benefit varies widely depending on the age you decide to start Social Security. A 70-year-old can receive up to $61,296 in annual benefits.
Simply put, if you signed up for Social Security at 62 but regret it after the fact, you can undo your filing and claim benefits again at a later age, thereby increasing them. But there's a catch.
You can start receiving Social Security as soon as you turn 62 years old, but you won't get the full amount allotted to you if you do. You'll have to wait until you reach the full retirement age to...
If you're still at a job you enjoy at age 62, you may want to put your Social Security claim on hold since you don't need the money. If you have a nice amount of savings and feel you could use ...
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