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1 Great Reason to Claim Social Security at 62


When it comes to your retirement, one of the biggest decisions you'll make is what age you begin claiming Social Security benefits.

The earliest you can begin claiming is age 62, but you can also claim at any age after that. The advantage of delaying benefits is that you'll receive more each month the longer you wait. By waiting until age 70 to file, you could earn up to 32% more in addition to your full benefit amount.

However, while you'll receive smaller checks by claiming earlier in life, there's one important reason to consider claiming at age 62.

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Source Fool.com


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