Is It Better to Take Social Security at Age 62 or 67? It Depends On These 3 Factors

Reported 6 months ago

The article discusses the decision of when to start taking Social Security benefits, outlining that the age at which you claim can significantly impact your monthly income in retirement. The factors to consider include the size of your retirement fund, your priorities in retirement, and your strategy with your spouse. Claiming earlier at age 62 results in reduced payments, while delaying until age 67 can lead to higher benefits. Ultimately, the decision depends on your financial situation and retirement goals.

Source: YAHOO

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