74% of Pre-Retirees Don't Know This Vital Social Security Number
The most popular age to claim Social Security benefits is also the youngest age at which those benefits become available: age 62. However, just because you can claim Social Security benefits at 62 doesn't mean you should.
Before you make the decision to claim Social Security benefits, it's important you know how your benefits will be affected based on how old you are and based on what your full retirement age is.
There's just one problem: 74% of pre-retirees don't know their full retirement age, according to a Fidelity survey. Knowing this number is vital because you could increase or decrease your benefits by thousands of dollars each year if you claim Social Security either before or after your full retirement age.
Source: Fool.com
