3 Signs Claiming Social Security at 62 Could Be the Wrong Move for You
Social Security's earliest eligibility age -- 62 -- remains one of its most popular claiming ages, but every year, fewer people choose to sign up right away. This is likely because the Social Security Administration (SSA) reduces your monthly checks when you claim before you reach your full retirement age (FRA). That's somewhere between 66 and 67, depending on your birth year.
That doesn't mean claiming early is always the wrong decision, but there are times when it may not be in your best interest. If any of the following three things apply to you, consider delaying your Social Security application for a little while.
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Source Fool.com
