Applying for Social Security retirement benefits at age 62 is a significant step in planning for your financial future. Understanding the process and requirements can help you make informed decisions about when and how to claim your benefits.
Claiming Social Security at age 62 offers several advantages. It allows you to access your retirement benefits earlier, providing financial support during your senior years. Additionally, claiming early can protect against potential benefit reductions due to future changes in Social Security laws. However, it is important to note that claiming early also results in reduced monthly benefit payments compared to waiting until full retirement age.