When are most people claiming Social Security? - East Idaho News
When do most Americans claim their Social Security benefit? That’s an interesting question, but the answer should form the basis of when you personally claim your SS benefits, because everyone’s situation is different. Although it might be interesting to know when others claim their benefits, you shouldn’t let that information cloud your judgement for when you claim. And that’s because you are an independent person living in unique circumstances which will influence when you should claim. Afterall, applying for Social Security benefits is one of the most important financial decisions you will ever make.
This article by Jim Miller (the Savvy Senior) published at East Idaho News, explains the various percentages of Americans who claim at specific ages, starting at the minimum age of 62 (when you will have your benefits cut by up to 30%), continuing up to age 70 (when you will get the highest SS benefit available to you). But how others claim should not be a guideline for you. Instead, speak to one of the AMAC Foundation’s Social Security experts to find out when, considering your individual (and family) circumstances, is the optimum time to claim your Social Security benefits. Contact the AMAC Foundation’s Social Security Advisory Service at SSadvisor@amacfoundation.org, or by calling 1.888.750.2622. The AMAC Foundation is a 501c(3) non-profit company, so there is never a fee for our services. Learn more about it here…