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1 Big Reason You May Regret Claiming Social Security at 62


As you're preparing for retirement, one important decision you'll need to make is what age you'll begin claiming Social Security benefits.

The earliest you can file for benefits is age 62. This is also the most popular age to claim, with 48% of women and 42% of men filing for Social Security at this age, according to a report from the Center for Retirement Research at Boston College.

While there are advantages to claiming early, there's also one significant risk you face that could potentially derail your retirement plans.

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Source Fool.com


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