The 1 Reason You Shouldn't Hesitate to Claim Social Security Early
There's a somewhat complicated formula that's used to calculate your Social Security benefits, but in a nutshell, your earnings over your 35 highest-paid working years are adjusted for inflation to determine what monthly benefit you're eligible for at full retirement age, or FRA. FRA isn't the same for everyone; it depends on year of birth. Here's what it looks like:
Year of Birth
Full Retirement Age
Source Fool.com
