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

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

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

If you're like most people, the earliest you can claim Social Security benefits is age 62. Waiting until later, though, will ...

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 ...

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

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

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

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.

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

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

Claiming Social Security early vs. waiting Social Security offers taxpayers a respectably wide range of payment options. Eligible individuals can claim as early as the age of 62, but can also wait ...