There's Really No "Worst" Age to Claim Social Security. Here's Why.
One of the toughest retirement-related decisions you might have to make is figuring out when to sign up for Social Security. You're entitled to your full monthly Social Security benefit, based on your personal earnings history, once you reach full retirement age (FRA), which is 67 if you were born in 1960 or any time after. However, you get a pretty wide range of filing ages to choose from.
The earliest age at which to sign up for Social Security is 62. But as you might imagine, there's a consequence to claiming benefits prior to FRA -- filing early results in a permanent reduction.
Image source: Getty Images.
Source Fool.com
