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 ...

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

Should I collect Social Security at 62? Will I need to file for Medicaid at 65 and which parts? I have lifetime VA ...

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.

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

There’s a reason 62 has long been a very popular age to claim Social Security. It’s the earliest point in life you can sign up for benefits. But there’s a big downside to claiming Social ...

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

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

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.

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