Social Security Services: What is the Best Age to Apply for SS?
Social Security Services: What is the Best Age to Apply for SS?

Social Security Services: What is the Best Age to Apply for SS?

The discusses what the best age is to take Social Security is infinite, primarily due to the fact that it depends on the personal situation of the individual.

There is pros and cons of taking social security at any ageand you have to make the best decision for yourself.

In this article, we will look at the three most common times when people take social security, to help you when considering the decision.

Takes social security at the age of 62

First, early retirees often claim social security at the age of 62, and this is due to a number of reasons.

For example, those who have few other sources of income can claim it as it guarantees food on the table.

The biggest downside is that it reduces your check to 30 percent less than you would receive if you claimed social security at age 67.

Takes social security at age 67

It is common for people retiring at full age at age 67 to require social security, primarily due to the fact that more Americans are working after age 65.

The biggest benefit of waiting until age 67 is that a monthly benefit of $ 1,400 will soon grow to around $ 2,000, and this “pay rise” will last the rest of your life.

Takes social security at the age of 70

It is less common to wait until age 70 to apply for social benefits, primarily because many retirees are unable to wait from age 62 to begin receiving benefits.

However, the benefits are huge, as waiting for 70 years gives a huge payout with an annual increase of 8 percent in benefits.

Overall, there is no definitive answer as to when you should claim your social benefits.

It all depends on your personal situation, taking into account factors such as your health, your life goals and your future retirement date.


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