The problem with the “basic math” behind delaying Social Security is that it often overlooks longevity risk. While it’s true ...
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 ...
Financial thought leader Dave Ramsey thinks retiring at 62 is the way to do it in today's economy; here are the ups and downs ...
Retiring one year before full eligibility may appear practical, but numbers show a hidden cost with long-term effects on ...
You become eligible for Social Security at 62, but you must wait until your full retirement age (FRA) to qualify for the full ...
You can claim Social Security once you turn 62 but doing so means giving up the chance to collect a bigger monthly benefit.
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 ...