Will You Regret Taking Social Security Early? 19% Said They Do
Social Security is a lifeline for millions of retirees in the U.S., but it's more than just a simple monthly check to cover living expenses.
It's a decision you have to make, and like other financial decisions, it comes with trade-offs.
Your monthly Social Security benefit is primarily made up of two factors. The first is your average indexed monthly earnings (AIME) over your working career, specifically your 35 highest-earning years. If you're near retirement, you unfortunately have little control over that figure.
Source Fool.com