2 Reasons to Take Social Security at 62 -- and 1 Reason to Avoid It at All Costs
Social Security is an integral source of income for millions of retirees, and the age you begin claiming will have an enormous impact on the amount you receive each month.
Age 62 is the most popular time to file, with around 35% of men and nearly 40% of women claiming at this age, according to a 2020 report from the Bipartisan Policy Center. However, the fact that it's the most common age to file doesn't necessarily make it the best age to file.
While there are certain situations where claiming early is your best option, there's also one very good reason to consider waiting a few years.
Source Fool.com
