Now, let’s get back to Ramsey and why he thinks it’s a smart move to take social security at 62. In this piece, we’ll lay out a few points that support the case for taking the money sooner ...

Deciding when to start taking Social Security is one of the key questions retirees and potential retirees face. The right answer can be different depending on your unique financial situation and life ...

Unfortunately, if you start receiving Social Security at 62, you will get hit with the maximum amount of early filing penalties. If you retire at 62 when your FRA is 67, you will see your benefit ...

Your decision about when to claim benefits will shape your lifetime income -- so is 62, 67, or 70 the right option? Should You Take Social Security at 62, 67, or 70? Skip to main content ...

The newly passed legislation awaits Trump's signature in a White House ceremony on Friday following a 218-214 vote in the ...

He is retired from a state job and receives a pension that nets around $3,600 per month, as well as lifelong health insurance for both of us.” ...

If you claim Social Security at 62, you’ll reduce your monthly benefit down to $1,400. If you wait until age 70 to file, you’ll grow your monthly benefit to almost $2,500.

What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is ...

Image source: Getty Images. I used to think that claiming Social Security at 62 was a pretty terrible idea, especially given Americans' general lack of retirement savings. AARP reports that 20% of ...

One of the nice things about Social Security is that you get a choice as to when to take benefits. Once you turn 62, you can pretty much sign up at any age. But there's a reason Social Security ...

For example, if you had a standard Social Security benefit of $1,900 at 67 and claimed at 62, you'd have reduced your monthly payment to $1,330 by getting hit with five years of early filing ...

Claiming Social Security at 62. Since 62 is the earliest age you can start getting benefits, many people start them then. There are some obvious reasons why this can make sense.