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Sometimes you need to take your Social Security at 62 - Investor's Business Daily
You constantly hear about strategies for maximizing your Social Security benefits, but it is not always your best option. When to take your Social Security benefit is a personal decision only you can make, depending on your personal circumstances.
As Adam Shell discusses in his article, sometimes taking your Social Security benefits at age 62 makes perfect sense. For example, your health is failing, or you need the money to pay your bills, both good reasons to start early. You may want the money for things you want to do while you are still capable of doing them. Do you need the money more now than later?
Discover which early Social Security filing reasons may apply to you—read Adam Shell’s article now by clicking here….
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This article is really helpful for understanding the complexities of Social Security benefits. The insights on filing early are particularly useful for planning retirement finances.