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Claiming Social Security at 62? Here's Why That's a Great Idea.


Determining when to begin claiming Social Security is one of the biggest retirement decisions you'll make, as it will affect your monthly income for the rest of your life.

Many experts recommend waiting to file for benefits, as it will increase your payments -- sometimes by hundreds of dollars per month.

However, there is a strong case for claiming early, too. If you're planning on taking Social Security as early as possible at age 62, that could be a smart move. Here's why.

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Source Fool.com


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