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

Social Security also comes with a cost-of-living adjustment, or COLA, each year, and if you take the reduced benefits at age 62, your annual COLA will be based off this reduced amount.

One of the most important financial decisions you might make for retirement is figuring out when to claim Social Security. You can sign up for benefits as early as age 62. But if you don’t wait ...

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.” ...

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 ...

Quite possibly. The same psychology explains why so many people claim Social Security at 62. When there's money being dangled in front of you, it's hard to pass it up.

Image source: Getty Images. Three of the most common ages to claim Social Security for workers today are 62, 67, and 70. But clearly, that's a pretty big range.

There are few social programs in the U.S. as scrutinized and beneficial as Social Security. Regardless of how some may feel about how the Social Security program operates, one thing is certain: It ...

I'm 51, earn $129K and have $165K in my 401 (k). Can I afford to retire when my husband, 59, draws Social Security at 62?