The Best Reason to Take Social Security Long Before Age 70
Determining when to begin claiming Social Security is one of the biggest retirement decisions you'll make, and it will affect your monthly income for the rest of your life.
The earliest you can file for benefits is age 62, but you can also begin claiming at any age thereafter. The longer you wait (up to age 70), the more you'll receive each month.
For that reason, it may seem logical to wait as long as you can to maximize your benefits. But there's one important reason why it could be smart to file earlier.
Source Fool.com
