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Think twice before you join the growing number of 62-year-olds who are deciding to be “early claimers” of their Social ...
If you take Social Security at age 62, you’ll need to consider how to pay for health care until you can sign up for Medicare ...
Deciding when to claim Social Security is crucial for future retirees. While waiting until full retirement age offers full ...
During the period you are not collecting Social Security, you’ll have to bankroll your retirement from other sources, whether ...
Overall, 52% of Americans say they worry a “great deal” about the Social Security system, up from 43% in 2024, according to ...
As of May 2025, over 55 million people receive Social Security retirement benefits, with most relying on them for most or all ...
There are a couple of factors that go into calculating your monthly Social Security benefit -- namely, your earnings history ...
Social Security retirement claims tend to follow a seasonal pattern each year, and they increase over time with the aging of ...
Anything paid to you as a divorced spouse is just an add-on benefit that doesn’t take a nickel away from your ex’s Social ...
Claiming Social Security at 62 permanently reduces your monthly benefits by up to 30%. You may not be able to claim Social Security in the month you turn 62. Those working and claiming Social ...
Claiming Social Security at 62 reduces your monthly benefits for life. For people who aren't reliant on those benefits for essential bills, that may not be a problem. Some people can gain ...
And if your full retirement age is 67, which is the case if you were born in 1960 or later, then claiming Social Security at 62 means slashing your monthly checks by roughly 30%. For this reason ...