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

While the two studies above indicate that waiting longer results in a higher lifetime benefit, actual data shows more people ...

Deciding when to claim Social Security benefits is crucial for retirement planning. The age at which you start affects your ...

Key Points You don't become eligible for Social Security until you're 62 for the entire month.The earlier you claim Social ...

We take a look at how Americans’ year of birth affects their ‘full retirement age’, and how your monthly benefits go up the ...

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

Consider your particular situation when deciding whether or not claiming Social Security at 62 makes sense for you. If You have $500,000 Saved, Retirement Could Be Closer Than You Think (sponsor) ...

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

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.

However, you should know that for each month you claim Social Security before reaching full retirement age, your benefits are reduced permanently. And if your full retirement age is 67, which is the ...

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.

But remember, claiming Social Security at 62 results in smaller monthly payments on a permanent basis. If you're going to sign yourself up for less monthly income, you might as well get all of it.