Claiming as early as possible will give you the most checks, but you have to prepare yourself for drawbacks too.

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 ...

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

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.

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

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.

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

Claiming Social Security at 62 results in a lower monthly payout. Yet, for many, this choice makes sense due to average lifespan statistics. Continued work while claiming early benefits can result ...

Continue » Image source: Getty Images. Three of the most common ages to claim Social Security for workers today are 62, 67, and 70. But clearly, that's a pretty big range.

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

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