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29.10.2024 09:46:00

I Used to Think 70 Was the Best Age to Claim Social Security Benefits. Here's Why I'd Now Rather Claim at 62.

One of the more important decisions anyone makes as they near retirement is deciding when to claim Social Security benefits. It's not a decision that should be glossed over, as it permanently affects your monthly benefits. This could matter a lot for people who plan to rely heavily on Social Security in retirement.I used to think claiming at 70 was the better route because of the increased monthly benefits. However, after some thought and perspective, I now believe claiming at 62 is a great go-to for many people. Let's take a look at why.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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