When you apply for Social Security is one of the most important decisions you'll make for your retirement finances. Your age at sign up determines how much you get each month from the program, which in turn determines how much you'll need to regularly withdraw from your personal savings. 

Those turning 62 in 2023 will have to decide if they want to apply for benefits right away. But before you make that call, it's important to understand how that decision will affect your checks.

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Source Fool.com