Claiming Social Security at 62 Makes Complete Sense If Any of These Factors Apply to You
"Don't sign up for Social Security at 62. You'll regret it."
Words like that commonly leave the lips of financial advisors who want nothing more than for their clients to get the most out of the Social Security. And if you want to secure the highest monthly benefit possible, signing up at 62 won't get you there.
Your actual monthly benefit is calculated based on your average monthly wage, adjusted for inflation, over your 35 highest-paid years in the workforce, and you're entitled to that benefit once you reach full retirement age, or FRA. FRA is either 66, 67, or 66 and a certain number of months, depending on the year you were born.
Source Fool.com