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Is Claiming Social Security at 62 Right for You? - Columbus Telegram

Fact is, age 62 is the most popular age that Americans claim their Social Security benefits. For many, they do so simply because they can, after working and contributing to the program for their entire lifetime. And, sometimes, claiming at age 62 is exactly the right decision if, for example, you’re not in good health and don’t expect to enjoy at lease average longevity. But although there are good reasons to claim your benefits at age 62, you may also find later in life that you regret that decision and, unfortunately, you’ll have scant opportunity later in life to change your decision. This article by Maurie Backman appearing in The Columbus Telegram explores how the age at which you claim affects the monthly payment you’ll get for the rest of your life. Click here to read more.

Also, if you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security, note that the AMAC Foundation provides a free-to-the-public advisory service to help Americans navigate the complexities of this program. Learn more about it here…

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