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

The discrepancy between how much you can receive from Social Security at each age is amplified when you look at the maximum ...

Finance guru Dave Ramsey has a contrary take on several common financial issues. For one thing, he says your credit score ...

When you’re nearing retirement age, the decisions you make regarding your Social Security benefits are going to shape your ...

Claiming Social Security at 62 might reduce your benefits on a monthly basis. But an early filing won't automatically ...

Deciding when to claim Social Security benefits is crucial for retirement planning. The age at which you start affects your ...

Claiming Social Security at 62 Isn't the Risky Move You Might Think It Is. Here's Why. When it comes to collecting Social Security, you get a choice of when to sign up. The earliest age to take ...

One of the most popular ages to claim Social Security is also the earliest: 62. It's easy to understand why so many people apply right away. The sooner you sign up, the more months of checks you ...

To 'beat' Social Security, you'd have to play a risky game. If you claim the benefit at 62, you would have an eight-year head start over someone who collects their first check at 70.

But remember, claiming Social Security at 62 results in smaller monthly payments on a permanent basis. If you're going to sign yourself up for less monthly income, you might as well get all of it.

Claiming benefits at age 62 means a permanent 30% reduction in monthly payments. In two short years, the oldest members of ...

Here is the bottom line: Statistically speaking, among workers aged 45 to 62 that expect to live at least 85 years, the vast majority should claim Social Security after age 65, and most should ...