Statistics Say: This Is the Best Age to Claim Social Security

One aspect that makes the Social Security program so confusing is that retirees can choose when to claim benefits. Retirees can claim Social Security as early as age 62 and as late as age 70.There are, of course, trade-offs depending on which age one claims. The earlier one claims benefits, the less they are likely to receive in benefits, and the later one claims, the more they are likely to receive in benefits. It all has to do with a person's full retirement age (FRA), which is 67 for those born in 1960 or later.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool