3 Terrible Reasons to Take Social Security at 62
More Americans take Social Security at 62 than at any other age. For most people, it's the earliest opportunity they have to claim their benefits, and whether it's because they've been forced into early retirement or simply want the money, getting those checks rolling in as soon as possible is as easy as contacting the Social Security Administration and filing the necessary paperwork.
There are definitely cases where it's smart to take your benefits at 62, and for a lucky few, not claiming at 62 is a huge mistake simply leaves money on the table. That said, there are many reasons for taking Social Security at 62 that just don't make sense. Here are a few of them.
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Source: Fool.com
