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Sorry to Say: You Probably Shouldn't Claim Social Security at 62


Eligibility for Social Security begins at age 62 for most people. But if you're counting down the days until you can claim benefits, you may be disappointed to find out starting them so soon may not be the best idea. In fact, the majority of retirees probably should wait quite a bit longer. 

Everyone needs to consider their personal circumstances to decide what approach is best. But here are a few really good reasons to think twice if you're planning for your first payment as soon as you're eligible. 

Image source: Getty Images.

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Source Fool.com


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