Claiming Social Security at 62 Will Shrink Your Benefits—Why You Should Do It Anyway
One of the most crucial financial decisions retirees must make is timing their Social Security claim. To optimize monthly income, several analysts advise postponing benefits until full retirement age (FRA) or perhaps even age 70. For millions of Americans, however, claiming it at 62—despite the benefit loss—can still be a calculated and wise move. Although … Read more