Taking Social Security at age 62 necessary for some people
Selena Maranjian of The Motley Fool notes that despite what experts say about delaying Social Security benefits, there may be instances where it makes sense to claim benefits at age 62, despite the permanent reduction. She mentions three. One, it might not be worth delaying if you have health problems and do not expect to live beyond average life expectancy. Two, some people need the money at that age and cannot delay any longer. Three, some retirees want to begin enjoying their golden years right away without waiting until their mid or late 60s. Read Maranjian’s full article here.
The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security. This service provides guidance in understanding the complexities of Social Security and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.