However, you should know that for each month you claim Social Security before reaching full retirement age, your benefits are ...

Social Security remains a critical retirement tool for many Americans. Here's when you can look forward to receiving it.

For example, if your full retirement age is 67 and your expected monthly benefit is $2,000, taking benefits at 62 could reduce your payout by up to 30%, meaning you would receive only $1,400 per ...

Since 62 is the earliest age to claim Social Security retirement benefits, it appeals to those looking to leave the workforce sooner. However, retiring at this age means planning for potentially ...

Retirees open up about their finances and how they spend their time.

Since 62 is the earliest age to claim Social Security retirement benefits, it appeals to those looking to leave the workforce sooner. However, retiring at this age means planning for potentially 25 to ...

proponent or someone just looking to retire a bit early at age 62, you’ll need to prepare for your years in retirement. And that means carefully considering more than just your income ...

But not everyone can afford to wait. The best reason to claim Social Security at age 62 may simply boil down to needing the ...

For context, the average benefit at age 67 is $1,929.73 per month. At age 70, that average is $2,148.12 per month. In other ...

Those retiring at 62 (the earliest you can claim Social Security) will need to save more to compensate for an additional five years without income. On the other hand, those retiring at 70 probably ...

I try to address some of the questions that have been raised during these unusual times for federal retirement planning and ...