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If I Could Tell All Retirees 1 Thing About Social Security, I'd Say to Do This Before You Claim Benefits
The vast majority of Americans qualify for Social Security benefits, either on their own work record or their spouse's. And those who qualify can choose to start collecting their monthly payments as early as age 62 or as late as age 70.However, the age at which you claim Social Security makes a big difference when it comes to how much money you'll get. Here's how the rules work for early and late retirement, and what it could mean to your wallet.Image source: Getty Images.Continue reading
The vast majority of Americans qualify for Social Security benefits, either on their own work record or their spouse's. And those who qualify can choose to start collecting their monthly payments as early as age 62 or as late as age 70.
However, the age at which you claim Social Security makes a big difference when it comes to how much money you'll get. Here's how the rules work for early and late retirement, and what it could mean to your wallet.
Image source: Getty Images.
