Social Security: These Are the 2 Worst Ages to Take Benefits, According to Experts
There are dozens of decisions you'll need to make heading into retirement, but one of the most critical is what age to begin taking Social Security benefits.
You can file for benefits as early as age 62 or anytime after that. For each month you delay claiming (up to age 70), you'll collect larger monthly payments. File at 70, and you'll receive your full benefit amount plus a bonus of at least 24% per month.
There's not necessarily a right or wrong time to claim, as your decision will depend on your unique situation. However, research shows that some ages are better to start taking benefits than others. There are two ages, in particular, that are among the worst times to file -- but even those come with an important caveat.
Source Fool.com
