The argument for taking Social Security at 62
It’s somewhat of an ongoing question for those approaching retirement: At what age should I start my Social Security benefits? Most people know that they can claim benefits as early as age 62, and many know that waiting beyond that will yield a higher benefit check. But waiting might not be the best option if you’re looking to retire now and need the Social Security income to do it. The fact is that by far the majority of people claim benefits before their full retirement age when they’ll get 100% of what they’ve earned, and often for good reason. In this Motley Fool article by Christy Beiber, she explores the question of taking benefits early and when it makes a lot of sense to do that. Click here to read more.