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Rethinking Social Security Options at Age 62 July 18, 2025 — 03:19 pm EDT Written by Taylor Sohns MBA, CIMA®, CFP® for Due.com -> Here’s my analysis on why I am taking Social Security at 62.
When you’re nearing retirement age, the decisions you make regarding your Social Security benefits are going to shape your ...
Here’s my analysis on why I am taking Social Security at 62. I explore the mathematical basis behind lower monthly payouts, examine the impact of continued employment on benefits, and highlight ...
There are some scenarios where claiming benefits early makes sense. It's easy to see why the idea of claiming Social Security at 62 might appeal to you. It's for this reason that seniors are often ...
Age 62 tends to be a popular time to claim Social Security because it's the soonest seniors are allowed to get their benefits. Many people unfortunately end up out of work by age 62. So for them ...
When you've spent four decades or more in the workforce, it's understandable to be drawn to the idea of claiming those monthly checks at 62.
It's easy to see why the idea of claiming Social Security at 62 might appeal to you. Even though filing at that age will generally result in a permanent reduction to your monthly benefits, it's ...
When you've spent four decades or more in the workforce, it's understandable to be drawn to the idea of claiming Social Security at 62. Those monthly checks may be your ticket to finally retiring, and ...
Retirees can significantly increase their Social Security benefit by claiming at age 70 rather than age 62.
The average Social Security benefit for retired workers at age 70 exceeds the average benefit at age 62 by about $811 per month and $9,726 per year.
When you've spent four decades or more in the workforce, it's understandable to be drawn to the idea of claiming Social Security at 62. Those monthly checks may be your ticket to finally retiring, and ...