Deciding When to Claim Social Security? Here's Why Age 62 Might Make Sense

As you approach retirement, you must make many important decisions, including where you'd like to retire, your savings withdrawal strategy, and when to claim Social Security.Decisions like how you plan to withdraw your savings may be much easier because they can be adjusted over time, but others have more long-term consequences, making them less straightforward. One of those latter decisions is when to claim Social Security.You can claim Social Security beginning at 62, but doing so will permanently reduce how much your monthly benefit amount is. Even so, there's one key reason to claim Social Security at 62: Flexibility.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool