3 Signs You're Just Not Ready to Collect Social Security
The decision to sign up for Social Security is a big one. You're allowed to start collecting benefits once you turn 62, and while you technically don't have to file by age 70, that's generally considered the latest age to do so.
If you're thinking of signing up for benefits, it's crucial to make sure you're really ready. And if these things apply to you, then unfortunately, you aren't.
Your monthly Social Security benefit will be calculated based on your personal earnings history -- specifically, your average monthly wage during your 35 most lucrative years of earnings. But you're not entitled to that benefit in full until you reach full retirement age, or FRA.
Source Fool.com