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3 Great Reasons to Take Social Security Benefits at 62


Many seniors regard Social Security as a crucial income source. And those benefits may come in very handy for you during retirement as well. Even if you're not so reliant on them for paying your basic bills, they could still make it possible to travel, stay in a larger home, or do the other things you've always dreamed of doing during your senior years.

Now you're entitled to your full monthly Social Security benefit based on your personal earnings history once you reach full retirement age, or FRA. FRA is either 66, 67, or somewhere in between, depending on when you were born.

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Source Fool.com


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