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Claiming Social Security Early? Here's Who Might Regret It More Than You


Tens of millions of people rely on Social Security for financial support in retirement. After a long career, it's comforting to know that you can get money from Social Security as early as age 62.

Many people base their decisions on when to claim Social Security on their own personal needs. In particular, if you're in poor health, it often makes sense from a strictly individual standpoint to claim Social Security as soon as you can so that you'll get at least some benefits from the program. However, if you're married and your spouse doesn't have a work history that matches up to your own, then claiming early might have the unintended consequence of leaving behind a source of regret and financial challenges for your spouse after you pass away.

Image source: Getty Images.

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Source Fool.com


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