Why Do So Many Claim Social Security at 62?
Want a permanently reduced benefit for life? Then start your monthly Social Security retirement benefits at age 62, the earliest possible. Waiting pays, and the longer you wait the bigger the monthly check for the rest of your life. Kailey Hagen’s piece explains why so many, regrettably, “grab and go” at age 62. It boils down to three reasons: 1. You don’t expect to live long; 2. You’re forced to retire earlier than you planned; 3. The future is uncertain. Read more details in the full piece 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.