Sorry to Say: Claiming Social Security at 62 Could Leave Your Retirement Lacking. Here's Why.
If you're turning 62 this year, you might be excited about claiming Social Security soon. It's a big milestone, but it's also one you have to take seriously. Your decision about when to claim affects your benefit checks for the rest of your life -- and claiming at 62 could come back to haunt you.
Let's take a look at why and how to decide on the best claiming age for you.
There's no "wrong" age to claim Social Security, but some ages pay you more than others. You become eligible for benefits at 62, but signing up then is actually considered early claiming. The government reduces the amount of your checks when you do this.
Source Fool.com
