What is the right time to claim Social Security? This is actually a much more complicated question than you might imagine.

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

When you've spent four decades or more in the workforce, it's understandable to be drawn to the idea of claiming those monthly checks at 62.

Dave Ramsey wants Baby Boomers to make an unconventional move when it comes to Social Security. He wants retirees to claim ...

Choose a claiming age, multiply the monthly benefit by 12, and then multiply that by the number of years you expect to ...

Locking in guaranteed payments early can be appealing, but retirees should carefully consider the long-term impact.

Claiming at 62 might be your only option if you lack personal savings. You've thought about claiming Social Security at 62, but you've heard about the early claiming penalty that can shrink your ...

Key Points Filing for Social Security at 62 will typically result in a reduced monthly benefit for life.There are some scenarios where claiming benefits early makes sense. Run the numbers carefully ...

We take a look at how Americans’ year of birth affects their ‘full retirement age’, and how your monthly benefits go up the ...

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 ...

As with all your financial decisions, your Social Security claiming age will affect your partner, though perhaps not in the ...

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