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If you wait until age 70 to collect Social Security, you would be a little under age 80.5 to break even. Because it takes so long to break even, waiting until a later age to claim Social Security ...
The best reason to claim your Social Security benefits at 62. ... laid off or because you or your spouse is unable to work for health reasons. ... benefits at age 62 and one who claimed at age 70 ...
If you wait until age 70 to collect Social Security, you would be a little under age 80 1/2 to break even. Discover More: 2 Changes Are Coming to Social Security in 2025 Determining Your Best Time ...
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 ...
Here is how much you would receive if you claimed your benefit at each age from 62 to 70. Age 62. Age 62 is the earliest that you can file for Social Security, and therefore it results in the ...
But the differences between the maximum possible 2025 Social Security benefit at 62, 67, and 70 show the value of delaying benefits as long as possible. ... receive 70% of their PIA if they claim ...