Instead of waiting to claim Social Security at my full retirement age or later, I plan on taking my Social Security at age 62, the earliest age possible. My decision to claim benefits early means I’ll get a much smaller monthly Social Security check than if I waited, but I think claiming early is the best decision for me. Here’s why.

Explaining my options

Social Security provides a valuable source of income to retired workers. It won’t replace all of my pre-retirement income, but it’s designed to provide the average retiree with about 40% of their pre-retirement wages.

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