3 Great Reasons to Take Social Security Benefits at 62
You've probably heard that delaying Social Security is the ticket to the largest checks -- but that's not telling the whole story. Holding out for a larger monthly benefit could actually shrink your lifetime benefit in some cases or cause you other financial problems. That's why you're better off signing up at 62 if any of these three situations apply to you.
Your Social Security benefit is based on your earnings over your working years and your age when you sign up. You have to wait until your full retirement age (FRA) -- 66 or 67, depending on your birth year -- to claim the full benefit you're entitled to based on your work history.
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Source Fool.com