Claiming Social Security at 62 is often dismissed as a mistake, but for some retirees, it can be a strategic decision that enhances their retirement lifestyle.

The discrepancy between how much you can receive from Social Security at each age is amplified when you look at the maximum ...

Finance guru Dave Ramsey has a contrary take on several common financial issues. For one thing, he says your credit score ...

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

When you’re nearing retirement age, the decisions you make regarding your Social Security benefits are going to shape your ...

Claiming Social Security at 62 might reduce your benefits on a monthly basis. But an early filing won't automatically ...

Deciding when to claim Social Security benefits is crucial for retirement planning. The age at which you start affects your ...

One of the most popular ages to claim Social Security is also the earliest: 62. It's easy to understand why so many people apply right away. The sooner you sign up, the more months of checks you ...

To 'beat' Social Security, you'd have to play a risky game. If you claim the benefit at 62, you would have an eight-year head start over someone who collects their first check at 70.

Claiming early will reduce your benefits by up to 30% (if you have an FRA of 67 and claim at 62), but if you can survive on smaller checks, it might be a good idea.

Claiming benefits at age 62 means a permanent 30% reduction in monthly payments. In two short years, the oldest members of ...

If so, claiming at 62 might be a smart choice. The explanation for this brings us to our next topic: financial trade-offs associated with claiming Social Security at 62 versus 67. Financial trade-offs ...