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Claiming Benefits at 62 Still Popular, but Is It Wise?
Well, as we typically begin our response to inquiries, “It depends.” There may be circumstances when it makes sense, as in the case of someone with an expectedly shortened life span, or someone who has ample financial resources and wants to simply use the money for investment purposes. For others, though, that may not be a sound decision for many. This conclusion is discussed in a post on GoBankingRates.com by Vance Cariaga, who suggests “As a general rule, you should only claim Social Security benefits at age 62 if you face difficult circumstances.” Read his full post here.