3 Reasons to Claim Social Security Early
Claiming your Social Security retirement benefits early will result in a monthly benefit that's permanently reduced by up to 30%, depending on your full Social Security retirement age and how early you decide to start receiving your benefit.
Despite this fact, more than half of Americans choose to start Social Security before attaining full retirement age, and the overall average claiming age is 64.5 years old. In many cases, it's not smart to wait to claim Social Security, even though doing so would result in bigger monthly checks. Here are three of the main reasons why you might want to consider early Social Security for yourself.
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Source: Fool.com
