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How to Get the Most Out of Social Security When Claiming at 62


Signing up for Social Security as soon as you turn 62 can shrink your checks by up to 30%. In some cases, that could amount to hundreds of thousands of dollars in lost benefits over a lifetime. But delaying benefits isn't always wise or feasible. You might not be able to delay if you were forced to retire unexpectedly and you may not want to if you don't believe you'll live past your 70s. 

Fortunately, there are still things you can do to maximize your benefits, even if you have to sign up at an early age.

Image source: Getty Images.

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Source Fool.com


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