May 20, 2024 · Many people retire at 62 because that’s the earliest you can collect Social Security retirement benefits. But just because you can claim monthly benefits at 62 doesn’t always …

Dec 11, 2025 · Calculating your break-even age can help you determine which Social Security claiming strategy will pay the highest total benefits over your lifetime.

Oct 10, 2018 · By filing at 62, or any time before you reach full retirement age, you forfeit a portion of your monthly benefit. If you were born in 1964 or later, for instance, filing at 62 could reduce …

Apr 16, 2025 · Learn the rules of Social Security Spousal benefits and how to maximize your monthly payments based on your spouse's or ex-spouse’s earnings.

Dec 5, 2025 · If your mate isn’t yet on Social Security, you can claim your retirement benefit at 62 (or later) and switch to spousal benefits when they do file.

Apr 16, 2025 · The basics of social security retirement benefits, including how benefits work, how payments are calculated and awarded, and what you need to apply.

Oct 10, 2018 · If you file early and retire, you’ll be stuck with permanently reduced Social Security benefits. The financial implications can be huge.

Oct 6, 2025 · Collecting Social Security Benefits at 62 vs. 67 vs. 70 How to receive your highest monthly benefit, and when it makes sense to start collecting early By Phil Pruitt,

Oct 10, 2018 · So, if you retire at, say, age 62 and 6 months, your benefit is, in effect, prorated — you are credited for waiting six months after becoming eligible. If you were born in 1960, that …

Nov 2, 2023 · A 401 (k) plan is a great way to increase your retirement savings. Your employer will deduct your pretax contributions from your paycheck, and your savings will be tax …