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.

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

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

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

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

Deciding when to claim Social Security benefits is crucial for retirement planning. The age at which you start affects your ...

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

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

The Social Security program, which pays out benefits to nearly 70 million Americans each month, offers eligible recipients a key choice. Specifically, retirees can choose to start claiming ...

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

You can find out exactly how much it will cost you to claim at 62 by setting up a “my Social Security account” and using the Social Security Administration’s (SSA) benefit calculator. If you’re set on ...

The upside of filing for Social Security at 67 is that you're not waiting an unreasonably long amount of time to get your money. Sure, it does mean sitting tight for five years compared to age 62.