News

While the two studies above indicate that waiting longer results in a higher lifetime benefit, actual data shows more people ...
While every year you wait to claim Social Security after 62 will increase your checks, waiting may not be the right decision ...
All told, there's no right or wrong answer when it comes to figuring out when to claim Social Security. The point here isn't ...
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 ...
The resounding advice about filing early for Social Security retirement benefits is pretty unambiguous: Don’t do it. However, if you can’t delay — due to immediate cash flow needs — or don’t want to ...
Waiting as long as you can to claim benefits makes sense. There's a case to be made, however, for claiming Social Security ...
Claiming benefits at age 62 means a permanent 30% reduction in monthly payments. In two short years, the oldest members of ...
By contrast, if you claim Social Security at 62 with a full retirement age of 67, you're looking at about a 30% reduction in your monthly payments. And that might seem like a hard pill to swallow.
But if high earners are increasingly claiming at age 62, most of them are likely making a mistake that will cost them in the long run. The health of Social Security shouldn't impact your decision ...
There are certain ages that are considered popular ones in the context of claiming Social Security. Age 62, for example, is a common choice, since it's the earliest age to sign up for benefits ...