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Another Perspective on the “Claiming At 62” Question
Age 62 remains the most popular age for claiming Social Security retirement benefits, and there are many pros and cons cited either in favor or disfavor of this as a filing strategy. Here at the AMAC Foundation Social Security Advisory Service, when questioned about the advisability of filing at 62, we generally answer with, “Well, it depends.” And it does depend–on health issues, longevity expectations, financial resources, etc. To help illustrate the variability of approaches to this issue, seasoned Social Security commentator Tom Margenau, in a post today on ncnewsonline.com, provides an illustration of one such scenario. Check out his post here. Margenau’s post also includes a series of other Q&As on Social Security, so be sure to read the full post, and if you have any questions about these or any other Social Security-related issues, feel free to contact out free-to-the-public service at the AMAC Foundation.