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Will taking Social Security at age 62 give you enough income to survive? - Yahoo Finance
This article by Christy Bieber published on May 24, 2024 by Yahoo Finance articulates different scenarios for different retirement ages. Taking Social Security early will give you a reduced payment but more years of that income and waiting will give you a higher payment for less years. The answer to this dilemma depends on your own individual situation. When to take Social Security is different for everyone. It is important to consider your finances, family longevity and health status. Read the article here…
Also, if you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security, note that the AMAC Foundation provides a free-to-the-public advisory service to help Americans navigate the complexities of this program. All questions are answered quickly, at no charge. Learn more about it here…
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