Many Americans are taking Social Security early, but is that wise? It depends. Here's what to know when deciding when to ...

The earliest you can claim is 62, but doing so will reduce your monthly benefit by 30% from your primary insurance amount, which is the amount you'd receive by claiming benefits at your full ...

When retirement planning with a spouse, you may be banking on the fact that both of you will collect your Social Security payments, thus increasing the amount of benefits you’ll collectively get. What ...

If you leave the workforce too early, you could increase the chances of outliving your savings. And if you retire too late, ...

Here’s my analysis on why I am taking Social Security at 62. I explore the mathematical basis behind lower monthly payouts, examine the impact of continued employment on benefits, and highlight ...

Age 62 is the soonest you can sign up for Social Security. If you claim benefits early, you'll reduce them for life. You don't have to spend your money if you claim Social Security early, and that way ...

According to the Social Security Administration (SSA), the Social Security program will pay out around $1.6 trillion in benefits to roughly 72 million beneficiaries this year. The bulk of these ...