The earlier you claim Social Security, the smaller your monthly benefit will be. You probably know your Social Security ...

Importantly, the average Social Security benefit tends to increase over time because of inflation and changes in average ...

You can claim Social Security benefits as early as age 62 or as late as age 70. One of the most important things to know ...

Key PointsYou don't become eligible for Social Security until you're 62 for the entire month.The earlier you claim Social ...

Retirees may see an approximate 77% increase to their Social Security benefits by waiting from age 62 to age 70 to claim ...

When you've spent four decades or more in the workforce, it's understandable to be drawn to the idea of claiming Social ...

Necessity is the most common reason Americans claim Social Security sooner rather than later. However, not everyone who makes a claim at 62 does so because they don't have options.

While every year you wait to claim Social Security after 62 will increase your checks, waiting may not be the right decision for millions of Americans. Having more than one source of income can ...

Key Points Claiming Social Security at age 62 reduces your benefit by up to 30%.The average 62-year-old claimer got $1,341.61 per month as of December 2024, though the average is likely a little ...

You can find out exactly how much it will cost you to claim at 62 by setting up a “my Social Security account” and using the Social Security Administration’s (SSA) benefit calculator. If you’re set on ...