Social Security: Here's Exactly How to Decide Whether to Take Benefits at 62, 67, or 70
Social Security benefits can have an enormous impact on your retirement, and the age you begin claiming will permanently affect the size of your checks -- often by several hundred dollars per month.
Three of the most popular ages to file are 62, 67, and 70. Age 62 is the earliest you can begin claiming, age 67 is the full retirement age for everyone born in 1960 or later, while age 70 is the latest you can file to earn larger checks each month.
There's no universal answer as to when everyone should file for Social Security, as everyone's situation is different. That said, there are three simple questions to ask yourself that can help determine the best age for you.
Source Fool.com
