Claiming early can also be a smart decision if you're forced to retire early due to job loss or health issues. Technically, you can retire in your early 60s and still delay benefits.

If you're like most people, the earliest you can claim Social Security benefits is age 62. Waiting until later, though, will ...

Filing for Social Security early is a complex decision that depends heavily on your individual and family circumstances, ...

Social Security typically replaces about 40% of pre-retirement income. Claiming early locks in a lower benefit. Concerns about future funding exist, with projections indicating funds could deplete ...

It's a rocky time for the Social Security Administration. Here's what you should know about what's going on and how to make ...

Forty-two percent of Americans plan to file for Social Security early while continuing to work, according to a July 2022 survey from the Nationwide Retirement Institute. That’s up from 36% in 2021.

It is not uncommon to hear that early Social Security claiming can result in a permanent loss of benefits. The system, however, is designed to make up for early withdrawals as soon as you reach ...

Claiming too early . This may be the single biggest issue impacting Americans because Social Security allows people to begin collecting their benefits when they turn 62, or about five years before ...

This looming problem has made many Americans wonder if they should take out Social Security early to avoid potential cuts. The fear of reduced benefits is understandable, and the decision to claim ...

The full retirement age for Social Security for those born in 1960 or later is 67. (It’s a bit earlier for those born before 1960.) Retirees can choose to take their benefits beginning at age 62.

Full retirement age for Social Security benefits has been inching up to 67 from 65. ... could make up for that loss and more. Some people may retire early because of health problems.