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Claiming Social Security at 62? You May Need to Rethink That


One of the best things about Social Security is that you're not forced to claim your benefits at a single specific age. Rather, you get a window to sign up for benefits that begins at age 62 and is technically open-ended, though financially speaking, there's no incentive not to file by the time you turn 70.

Because 62 is the earliest age you're allowed to claim Social Security, many seniors opt to go that route to get their money as soon as possible. But if that's your plan, you may want to reconsider.

Image source: Getty Images.

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Source Fool.com


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