Claiming Social Security at 62 Isn't the Risky Move You Might Think It Is. Here's Why.
Don't assume you'll regret your decision to take benefits early.
When it comes to collecting Social Security, you get a choice of when to sign up. The earliest age to take benefits is 62. But if you file at that point, you'll generally reduce those monthly payments for life.
That's why retirees are often advised to wait until their full retirement age arrives to claim Social Security. Waiting until that point means your benefits won't be reduced, leaving you with more guaranteed income every month.
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