Claiming Social Security at 62? You Might Regret That
You can start collecting your Social Security benefits as early as age 62, or you can delay doing so -- until age 70, the last age at which it can be worth it to delay. Most people don't do a lot of waiting, and they start their checks rolling at age 62 or 63.
Starting to collect benefits early can make a lot of sense for some people, such as those who simply need that income as soon as possible. But for those who can delay, delaying may be the best move. Here's why.
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Source Fool.com