May 20, 2024 · Many people retire at 62 because that’s the earliest you can collect Social Security retirement benefits. But just because you can claim monthly benefits at 62 doesn’t always …

Dec 30, 2024 · If your mate isn’t yet on Social Security, you can claim your retirement benefit at 62 (or later) and switch to spousal benefits when they do file.

Oct 10, 2018 · By filing at 62, or any time before you reach full retirement age, you forfeit a portion of your monthly benefit. If you were born in 1963 or later, for instance, filing at 62 could reduce …

Dec 23, 2024 · Calculating your break-even age can help you determine which Social Security claiming strategy will pay the highest total benefits over your lifetime.

Oct 10, 2018 · If you file early and retire, you’ll be stuck with permanently reduced Social Security benefits. The financial implications can be huge.

Apr 16, 2025 · Key takeaways If you retire at 62, you probably won’t be eligible for Medicare. Medicare for all but those with disabling chronic conditions begins at 65. One option to fill part …

Oct 6, 2025 · Collecting Social Security Benefits at 62 vs. 67 vs. 70 How to receive your highest monthly benefit, and when it makes sense to start collecting early By Phil Pruitt,

Aug 18, 2025 · You can start collecting retirement benefits before FRA — the minimum age is 62 — but your monthly payment will be permanently reduced, by as much as 30 percent. You can …

Aug 12, 2025 · You can work and collect social security benefits, but the amount you receive will depend on whether you’ve reached your full retirement age.

Oct 10, 2018 · They take a bite from the full benefit if you are younger than full retirement age — you can lose up to 30 percent of your benefit by starting retirement benefits at 62, the earliest …