3 Reasons I'll Be Taking Social Security Long Before Age 70

If you're a pre-retiree who's done at least a little research on your eventual retirement income, then you almost certainly know that the longer you wait to claim Social Security benefits, the bigger your monthly payments will be.Indeed, the monthly checks being cashed by 62-year-olds -- the earliest age at which you can claim -- is only a little more than half the payments collected by those who wait until the maximum age of 70 to file. That's the chief reason you're often encouraged to wait as long as possible before beginning these benefits.That being said, there's actually a case to be made for claiming Social Security benefits well before you turn 70. I'm thinking about doing so as early as I possibly can, in fact. Here are a few (related) reasons you might want to do the same.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool