3 Great Reasons to Take Social Security Benefits at 62
Filing for Social Security at age 62 means locking in a lower monthly benefit for life. That's because you're not entitled to your full monthly benefit based on your wage history until full retirement age (FRA) kicks in. And that won't happen until age 66, 67, or somewhere in between, depending on your year of birth.
Filing for Social Security before FRA means settling for a reduced benefit, and that's not always a good thing. But in some situations, it makes sense. Here are just a few scenarios where it pays to file for benefits at 62.
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Source Fool.com