You'll Never Guess How Much Retiring a Year Early Could Slash Your Social Security
Making a choice about when to retire can impact your finances in profound ways -- especially if you'll be claiming Social Security upon leaving the workforce.
See, your age when you get your first retirement check could result in a big reduction -- or a big increase -- from your standard benefit. And retiring even a year earlier could leave you with far less money over the course of your lifetime if you start Social Security upon departing from your job.
Just how much could getting benefits early impact your monthly and lifetime income? Here's what you need to know.
Source Fool.com