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

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

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, ...

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 ...

Consider your particular situation when deciding whether or not claiming Social Security at 62 makes sense for you. In 20 Years, I Haven’t Seen A Cash Back Card This Good (sponsor) ...

Claiming Social Security before that point will result in a reduced benefit. And if full retirement age for you is 67, then filing at age 62 will mean accepting a 30% hit to your benefits -- for life.

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

One of the most popular ages to claim Social Security is also the earliest: 62. It's easy to understand why so many people apply right away. The sooner you sign up, the more months of checks you ...

Claiming early will reduce your benefits by up to 30% (if you have an FRA of 67 and claim at 62), but if you can survive on smaller checks, it might be a good idea.

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.

There are some scenarios where claiming benefits early makes sense. It's easy to see why the idea of claiming Social Security ...