The No. 1 Reason to Claim Social Security at Age 62

Social Security is an important source of money for most retirees. That's the point, as the system was set up to ensure retirees had a basic level of income on which to live. The dilemma you face is deciding when to start claiming Social Security. Here's the big reason to claim early.You pay into the Social Security system all of your working life. And when you stop working, you can start claiming the entitlement. The system is set up so you have a retirement age that varies based on when you were born. Some people will have a full retirement age of 65, while others will end up at 67. That is when you get your full benefit. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool