Reported 4 months ago
The decision of when to enroll in Medicare is straightforward at age 65 if not covered by a group health plan, but the choice of when to file for Social Security is complex due to multiple filing ages with varying consequences. While you can claim Social Security as early as 62, delaying until 70 results in a higher monthly benefit. The key factor to consider when torn between claiming at 62 or 70 is your health, as it can significantly impact the total lifetime benefits received. Depending on your health status, the financial outcome can vary, making it crucial to assess your health condition before making a decision.
Source: YAHOO