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Taking Social Security at your full retirement age is often the best option
While 62 is the most popular age at which to apply for Social Security, benefits taken early are significantly reduced over what you get by waiting until your full retirement age to apply. Although the size of your benefit check is only one of several factors to be considered, it’s important to realize that your choice not only affects you, but also your spouse if you are married. This Motley Fool article by Brian Feroldi offers three good reasons why waiting until your full retirement age to start benefits could be your best choice. Click here to read more.