Claiming Social Security at 62 is often dismissed as a mistake, but for some retirees, it can be a strategic decision that ...

Key Points Filing for Social Security at 62 will typically result in a reduced monthly benefit for life.There are some ...

When you've spent four decades or more in the workforce, it's understandable to be drawn to the idea of claiming those ...

Importantly, the average Social Security benefit tends to increase over time because of inflation and changes in average wages. For instance, the average monthly retired-worker benefit at age 70 is ...

If you're at least 62, claiming Social Security is an option you can look at for income. If you look at unemployment data, ...

Question: I’m 62 and worried about Social Security’s future, especially given that it is projected to pay me less than I ...

The resounding advice about filing early for Social Security retirement benefits is pretty unambiguous: Don’t do it. However, ...

Retirees may see an approximate 77% increase to their Social Security benefits by waiting from age 62 to age 70 to claim ...

There are tons of factors that determine the size of your monthly Social Security check upon retirement. However, one of the major factors is the age at which you decide to claim. You can retire ...

To 'beat' Social Security, you'd have to play a risky game. If you claim the benefit at 62, you would have an eight-year head start over someone who collects their first check at 70.

Claiming benefits at age 62 means a permanent 30% reduction in monthly payments. In two short years, the oldest members of ...

In this case, applying at 62 is better than taking on costly debt. You may receive a smaller lifetime benefit, but the trade ...