What to Do If You Claim Social Security Benefits Too Early
Choosing when to claim Social Security benefits is an important decision that will affect how much you receive each month for the rest of your life. Many people simply choose to start receiving benefits as soon as they can, with nearly half of U.S. adults claiming at age 62, according to a survey from the Center for Retirement Research at Boston College.
Sometimes claiming as early as possible is the best decision, particularly if you're forced into an early retirement or need the money just to pay the bills. But it's not the right choice for everyone, and if you wait to claim Social Security, you could significantly boost your benefits for life.
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Source Fool.com
