May 20, 2024 · Many people retire at 62 because that’s the earliest you can collect Social Security retirement benefits. But just because you can claim monthly benefits at 62 doesn’t always …

Dec 23, 2024 · Calculating your break-even age can help you determine which Social Security claiming strategy will pay the highest total benefits over your lifetime.

Oct 10, 2018 · By filing at 62, or any time before you reach full retirement age, you forfeit a portion of your monthly benefit. If you were born in 1963 or later, for instance, filing at 62 could reduce …

Oct 10, 2018 · If you file early and retire, you’ll be stuck with permanently reduced Social Security benefits. The financial implications can be huge.

Dec 5, 2025 · If your mate isn’t yet on Social Security, you can claim your retirement benefit at 62 (or later) and switch to spousal benefits when they do file.

Oct 10, 2018 · Social Security spousal benefits are reduced based on how far you are from full retirement age when you claim them. Read to learn more.

Oct 10, 2018 · They take a bite from the full benefit if you are younger than full retirement age — you can lose up to 30 percent of your benefit by starting retirement benefits at 62, the earliest …

Oct 6, 2025 · Collecting Social Security Benefits at 62 vs. 67 vs. 70 How to receive your highest monthly benefit, and when it makes sense to start collecting early By Phil Pruitt,

Dec 2, 2025 · This calculator estimates your monthly Social Security retirement benefits based on your earnings history and the age when you start to claim benefits.

Apr 16, 2024 · There are scenarios when it makes sense to claim Social Security early, at age 62. But for others waiting until 70 makes more financial sense.