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A worker’s PIA reflects the benefit received at full retirement age, however, you can actually start claiming Social Security once you turn 62 years old. But doing so will reduce your benefit .
The earliest age to claim Social Security is 62, and you get your complete monthly benefit at full retirement age, which, depending on your year of birth, is 66, 67, or somewhere in the middle of ...
Here's a look at several reasons to turn on the Social Security spigot early -- including the best reason to. ... The best reason to claim Social Security benefits early, such as at age 62, is ...
Image source: Getty Images. You're taking a risk. As mentioned, studies show the average retiree will collect more in Social Security benefits over their lifetime if they delay until age 70.
A separate analysis from the Center on Budget and Policy Priorities found that the poverty rate for adults aged 65 and above would be nearly four times higher if Social Security didn't exist -- 10 ...
Calculating your Social Security benefit The average monthly Social Security benefit for a retired worker is $1,909 (as of January 2024). But that number could be much less if you don’t work and ...