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These 3 Social Security Claiming Ages Get More Popular Every Year
For as long as it's been an option, Social Security's earliest claiming age -- 62 -- has also been one of its most popular. In some years, more than half of those eligible to apply at 62 did so.But over the last 20 years, that number has been slowly falling. Now, only about a quarter of beneficiaries apply at the earliest age.Claiming at 62 is still the most popular trend by far, but times are definitely starting to change. The following three claiming windows have pretty steadily gained popularity over the last few decades, and that trend seems likely to continue.Continue reading
For as long as it's been an option, Social Security's earliest claiming age -- 62 -- has also been one of its most popular. In some years, more than half of those eligible to apply at 62 did so.
But over the last 20 years, that number has been slowly falling. Now, only about a quarter of beneficiaries apply at the earliest age.
Claiming at 62 is still the most popular trend by far, but times are definitely starting to change. The following three claiming windows have pretty steadily gained popularity over the last few decades, and that trend seems likely to continue.
