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Here's the maximum possible Social Security benefit at ages 62, 67, and 70. One of the most important decisions you'll face in retirement is when to claim Social Security benefits. Even if you've ...
Early claimers who continue to work are at risk of even greater benefit reductions due to the earnings test. You can't claim Social Security retirement benefits until you turn 62, but there's no ...
Source: Social Security Administration. Reasons to claim your Social Security benefits at 62. Here are some reasons to claim your benefits early:
Specifically, someone with a full retirement age of 67 (born in 1960 or later) will reduce their benefit by 30% if they claim at age 62. That could mean hundreds of dollars per month for your spouse.
Here's the maximum possible 2025 Social Security benefit at 62, 67, and 70. ... You may have a high withdrawal rate for a few years in early retirement, but that will come down once you claim ...
That's why 40% of them intended to claim retirement benefits between ages 62 and 65. A working paper published last year by two business professors, Cornell's Suzanne Shu and Duke's John Payne ...
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