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Markets · Investing · Business
Finance
3 Reasons Not to Claim Social Security at 62
Claiming Social Security at 62 could be a mistake you come to regret.
You can claim your Social Security retirement benefits once you turn 62, and the Center for Retirement Research reports that this is the most popular age to start receiving payments.
But just because you can start your benefits at 62 does not mean you should start your benefits then. While it's tempting to begin collecting this income ASAP, there are major downsides. In fact, here are three big reasons that you could really come to regret such an early claim.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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