One of the toughest retirement-related decisions you might have to make is figuring out when to claim Social Security. You're allowed to sign up for benefits as early as age 62. While there's no such thing as a final age to file for benefits, there's no financial incentive to delay your claim beyond age 70. In a nutshell, you're looking at a range of 62 to 70 for taking benefits.

In the middle of that range is age 65, and you may be inclined to file for benefits at that point. But is that a good idea?

Maybe. Here are some pros and cons of taking Social Security at 65.

Continue reading

Source Fool.com