1 Big Reason It's Dumb to Take Social Security Before Full Retirement Age
It might surprise you, but entire armies of Social Security nerds argue about when is best to claim Social Security. Officially, full retirement age lands between 66 and 67, depending on when you were born. But you can claim as early as age 62, and as late as age 70 -- with benefits increasing the longer you wait.
I am solidly in the "claim as early as possible" camp. But that's a broad dictum, and there are a million personal variables at play. For instance, if you have a spouse who -- for whatever reason -- is going to need the largest benefit possible, then it would actually be dumb to claim before full retirement age.
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Source: Fool.com
