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

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 ...

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

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

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.

In an example provided by the Social Security Administration, a typical American who claims Social Security at 62 could claim a monthly check worth $1,400. By age 70, the benefit rises to $2,480.

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

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

The most popular age for claiming Social Security is 62, the earliest age for which benefits can be received. However, the full retirement age for anyone born in 1960 or later is 67.

The numbers behind Social Security say you should wait as long as possible makes sense, but there's more to the story than just the numbers.