Here are the best information and knowledge about What happens if you take social security at 62 voted by readers and compiled and edited by our team, let’s find out
Table of Contents
1 Why Smart People Take Social Security at 62 | The Motley Fool
- Author: fool.com
- Published: 06/12/2022
- Review: 4.85 (707 vote)
- Summary: · Meanwhile, if you start collecting at 62, your benefits may be up to about 30% smaller. Don’t let that sway you too much, though. Remember —
- Detail: https://www.fool.com/retirement/2017/11/19/why-smart-people-take-social-security-at-62.aspx
2 What is the Social Security Retirement Age?
- Author: nasi.org
- Published: 11/07/2021
- Review: 4.79 (563 vote)
- Summary: Early retirement benefits will continue to be available at age 62, but they will be reduced more. When the full-benefit age reaches 67, benefits taken at
- Detail: https://www.nasi.org/learn/social-security/retirement-age/
3 Go Ahead, Retire at 62 and Claim Social Security at 67. Your Benefit
- Author: barrons.com
- Published: 05/14/2022
- Review: 4.58 (410 vote)
- Summary: · The short answer is yes. Retirees who begin collecting Social Security at 62 instead of at the full retirement age (67 for those born in 1960 or
- Detail: https://www.barrons.com/articles/go-ahead-retire-at-62-and-claim-social-security-at-67-your-benefit-will-climb-51645224127
4 Social Security tips for married couples – Vanguard
- Author: investor.vanguard.com
- Published: 12/17/2021
- Review: 4.38 (322 vote)
- Summary: The SSA website provides estimates for how much you’ll collect if you start receiving benefits at age 62, your full retirement age (FRA) (between 66 and 67),
- Detail: https://investor.vanguard.com/investor-resources-education/social-security/strategies-for-married-couples
5 How Does Early Retirement Affect Social Security? – SmartAsset.com
- Author: smartasset.com
- Published: 05/18/2022
- Review: 4.16 (579 vote)
- Summary: · This means that the maximum number of retirement months is 60 for those retiring at age 62 when the full retirement age is 67. So your benefits
- Detail: https://smartasset.com/retirement/does-early-retirement-affect-social-security
6 When to Take Social Security: The Complete Guide – Investopedia
- Author: investopedia.com
- Published: 03/09/2022
- Review: 3.83 (418 vote)
- Summary: What Happens if You Claim After Your FRA? … The longer you can afford to wait after age 62 (up to 70), the larger your monthly
- Detail: https://www.investopedia.com/retirement/when-take-social-security-complete-guide/
7 Can I Draw Social Security at 62 and Still Work Full Time?
- Author: gobankingrates.com
- Published: 01/21/2022
- Review: 3.69 (573 vote)
- Summary: · As the Social Security Administration (SSA) points out, it is perfectly fine to work full time and collect Social Security when you turn the
- Detail: https://www.gobankingrates.com/retirement/social-security/can-i-draw-social-security-at-62-and-still-work-full-time/
8 Can You Work While Collecting Social Security Retirement? – Nolo
- Author: nolo.com
- Published: 07/10/2022
- Review: 3.42 (499 vote)
- Summary: Can You Collect Social Security at 62 and Still Work? Yes, you can work after you start collecting Social Security retirement benefits, no matter what your age
- Detail: https://www.nolo.com/legal-encyclopedia/will-i-get-penalized-working-while-collecting-social-security-retirement.html
9 Here are 3 great reasons to take Social Security benefits at 62
- Author: usatoday.com
- Published: 08/26/2022
- Review: 3.19 (446 vote)
- Summary: · If you plan to rely on Social Security as your primary source of retirement income, a massive reduction in benefits could be catastrophic. If
- Detail: https://www.usatoday.com/story/money/2019/11/08/social-security-benefits-62-years-old/40556249/
10 Should you take Social Security at 62? – Fidelity Investments
- Author: fidelity.com
- Published: 08/16/2022
- Review: 3.13 (206 vote)
- Summary: If you claim Social Security at age 62, rather than wait until your full retirement age (FRA), you can expect a 30% reduction in monthly benefits. · For every
- Detail: https://www.fidelity.com/viewpoints/retirement/social-security-at-62
11 [PDF] Your Retirement Benefit: How It Is Figured – MyNCRetirement
- Author: myncretirement.com
- Published: 02/06/2022
- Review: 2.95 (104 vote)
- Summary: Social Security benefits as early as age 62, but at a reduced rate. Your basic benefit will be reduced by a certain percentage if you retire
- Detail: https://www.myncretirement.com/documents/files/governance/futureofretirement/determinessbenefits/download
12 Social Security Basics: 12 Things You Must Know About Claiming
- Author: kiplinger.com
- Published: 06/15/2022
- Review: 2.85 (149 vote)
- Summary: While you can collect Social Security benefits as soon as you turn 62, taking benefits before your full retirement age will spell a permanent reduction in
- Detail: https://www.kiplinger.com/retirement/social-security
13 Here’s How Working After 62 Can Change Your Social Security
- Author: forbes.com
- Published: 01/19/2022
- Review: 2.6 (62 vote)
- Summary: · You can begin claiming Social Security retirement benefits as early as age 62, whether you are working or not. You know that the level of
- Detail: https://www.forbes.com/sites/bobcarlson/2022/01/24/heres-how-working-after-62-can-change-your-social-security-benefits/
14 When Should You Collect Social Security? – CNBC
- Author: cnbc.com
- Published: 03/19/2022
- Review: 2.59 (137 vote)
- Summary: First off, every eligible worker can begin receiving Social Security benefits at age 62, but you’ll get a reduced monthly payment if you don’t wait until
- Detail: https://www.cnbc.com/select/when-should-you-collect-social-security/
15 When to Apply for Social Security to Start Benefits at 62 – AARP
- Author: aarp.org
- Published: 12/27/2021
- Review: 2.53 (50 vote)
- Summary: 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 1960 or later, for
- Detail: https://www.aarp.org/retirement/social-security/questions-answers/social-security-start-at-62.html
16 At what age should I take Social Security? – Humana
- Author: humana.com
- Published: 05/19/2022
- Review: 2.34 (102 vote)
- Summary: · While you can take benefits as early as age 62, it may not be recommended. Only those on disability, or surviving spouses, can take Social
- Detail: https://www.humana.com/medicare/medicare-resources/when-should-i-take-social-security
17 Social Security Retirement Age and Benefits
- Author: actec.org
- Published: 12/21/2021
- Review: 2.38 (184 vote)
- Summary: The advantage of taking retirement benefits early is that you start to collect the money that you’ve been paying over to the government monthly since you
- Detail: https://www.actec.org/estate-planning/social-security-retirement-age-benefits/
18 A Guide on Taking Social Security | Charles Schwab
- Author: schwab.com
- Published: 08/28/2022
- Review: 2.12 (175 vote)
- Summary: Deciding when to take Social Security depends heavily on your circumstances. You can start taking it as early as age 62 (or age 60 if you are a survivor of
- Detail: https://www.schwab.com/learn/story/guide-on-taking-social-security
19 The Most Popular Ages to Collect Social Security – US News Money
- Author: money.usnews.com
- Published: 06/06/2022
- Review: 2.07 (192 vote)
- Summary: Social Security payments are reduced if you claim them before your full retirement age, which is typically age 66 or 67, depending on your birth year. If you
- Detail: https://money.usnews.com/money/retirement/social-security/articles/the-most-popular-ages-to-collect-social-security
20 Social Security: Collect Benefits at 62 or Wait?
- Author: commercetrustcompany.com
- Published: 11/04/2021
- Review: 2.06 (178 vote)
- Summary: SSA considers your full retirement age is 66 years and 10 months. Your monthly benefit starting at your full retirement age is $1,000. If you begin getting
- Detail: https://www.commercetrustcompany.com/news-and-insights/trust/social-security-collect-benefits-at-62-or-wait
21 Social Security Retirement Age: When To Take Social … – Bankrate
- Author: bankrate.com
- Published: 04/27/2022
- Review: 1.83 (77 vote)
- Summary: · While you can begin taking Social Security as early as age 62, you’ll receive your entire benefit if you delay until your full retirement
- Detail: https://www.bankrate.com/retirement/when-to-take-social-security/
22 Should you take Social Security at 62? – myUCretirement.com
- Author: myucretirement.com
- Published: 02/19/2022
- Review: 1.72 (160 vote)
- Summary: If you start taking Social Security at age 62, rather than waiting until your full retirement age, you can expect up to a 30% reduction in monthly benefits with
- Detail: https://myucretirement.com/Resource/190
23 Should I retire now at age 62 and collect Social Security benefits?
- Author: militarybenefit.org
- Published: 08/29/2022
- Review: 1.62 (181 vote)
- Summary: Depending on the year you were born, you’ll receive between 25 and 30 percent less per month if you collect benefits at age 62 than if you wait until full
- Detail: https://www.militarybenefit.org/membership-benefits/financial-resources/life-events/nearing-retirement/5b61305c722e28e8ce4be0de/
24 Benefits Planner: Retirement | Born in 1960 | SSA – Social Security
- Author: ssa.gov
- Published: 04/04/2022
- Review: 1.69 (92 vote)
- Summary: You can start your Social Security retirement benefits as early as age 62, but the benefit amount you receive will be less than your full retirement benefit
- Detail: https://www.ssa.gov/benefits/retirement/planner/1960.html
