From the article: Should You Apply for Social Security Benefits at Age 62...or Later?
Is it better to collect Social Security benefits as early as possible, or wait a few years to receive a larger Social Security benefits check each month? When do you plan to apply? Share Your Thoughts
get the cash NOW!
- You should always get your SS at the earliest age possible. Congress is considering several bills that will force you to wait much longer, like it or not, and if you suddenly can't work and desperately need the SS check, you could be screwed. Also, when you reach the official age you can readjust your reduced amount up to the maximum amount, contrary to popular opinion that you are stuck at the reduced amount for life. Happily retired at 62, Ron
- —Guest ron
Wait for the money
- I enjoy working, so assuming I'm able to stay healthy and employed for the next 15 years I'll probably wait until I'm 70 to start drawing Social Security benefits. That way, I'll have moreo time to save for full retirement and will get maximum Social Security benefits when the checks do start coming.
- —Guest Wordsmith
Social Security benefits--when???
- I've heard conflicting advice about this. Some experts say collect as soon as possible, others say work a few extra years and get more each month. I have health problems so I plan to apply as soon as I reach 62.
- —Guest almost there
