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.

Dave Ramsey wants Baby Boomers to make an unconventional move when it comes to Social Security. He wants retirees to claim benefits at 62 and invest the money. This is a sharp departure from standard ...

Importantly, the average Social Security benefit tends to increase over time because of inflation and changes in average ...

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

Key Points You don't become eligible for Social Security until you're 62 for the entire month.The earlier you claim Social ...

How much the average 62-year-old claimer receives The Social Security Administration calculates what's known as your primary insurance amount (PIA) first. This is the benefit you qualify for when ...

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 ...

While every year you wait to claim Social Security after 62 will increase your checks, waiting may not be the right decision for millions of Americans. Having more than one source of income can ...

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

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.

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

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