I won't even be eligible for Social Security for another three decades, but I already know I want to claim at age 70. This will get me my largest possible checks, since delaying benefits grows your benefit a little each month until then. Since I'm fairly healthy, I think waiting will give me my largest lifetime benefit too. But this isn't a choice I would encourage everyone to make.

Signing up at 62 makes good financial sense for a lot of people, even though it can reduce their monthly checks by up to 30%. It's even a decision I would make for myself if any of the following three things happened.

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Source Fool.com