Why I Wouldn't Dream of Claiming Social Security at 62

I recently celebrated my 30th birthday, so while I certainly feel like I'm getting old, I'm still a long way off from claiming Social Security. I've got about 40 years to go, according to my retirement plan, because I've decided to go for my maximum Social Security benefit. It was a no-brainer for me, but the decision isn't that simple for everyone.

Everyone who's worked for at least 10 years qualifies for Social Security retirement benefits when they turn 62. But if you want the full benefit you're owed based on your work history, you have to wait until your full retirement age (FRA) to sign up. That's 66 for those born between 1943 and 1954. Then, it rises by two months per year for every year thereafter until it reaches 67 for those born in 1960 or later.

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Source Fool.com