Claiming Social Security at 62? 3 Things You Need to Know First

The earliest you can begin claiming Social Security benefits is age 62, which is also the most popular age to claim. According to a report from the Center for Retirement Research at Boston College, approximately 48% of women and 42% of men file for benefits at age 62.

Claiming Social Security as early as possible can be a smart move for many retirees, but it's important to make sure you're aware of how it will affect your benefit amount. So before you begin claiming, consider these three factors.

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Source Fool.com