Sorry to Say: You Probably Shouldn't Claim Social Security at 62
There's a reason so many seniors rush to file for Social Security at 62 -- it's the earliest age to sign up for benefits. If you're planning to go a similar route, you may be counting down the days till your 62nd birthday. But here's why you may want to rethink your plan.
If you've saved very well for retirement, to the point where Social Security will only constitute a small portion of your senior income, then frankly, it may not matter when you file for benefits. After all, if your savings can provide, say, $5,000 a month of income, then you may not care if Social Security pays you a few hundred dollars less.
Image source: Getty Images.
Source Fool.com
