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Don't Assume You Shouldn't Claim Social Security at 62
One of the nice things about Social Security is that you get a choice as to when to take benefits. Once you turn 62, you can pretty much sign up at any age.But there's a reason Social Security recipients are often advised not to sign up for benefits at 62. You're not entitled to your monthly benefit without a reduction until full retirement age arrives. That age is 67 if you were born in 1960 or later.Image source: Getty Images.Continue reading
One of the nice things about Social Security is that you get a choice as to when to take benefits. Once you turn 62, you can pretty much sign up at any age.
But there's a reason Social Security recipients are often advised not to sign up for benefits at 62. You're not entitled to your monthly benefit without a reduction until full retirement age arrives. That age is 67 if you were born in 1960 or later.
Image source: Getty Images.
