I Wish More People Knew About This Social Security Rule

There's a reason 62 has long been a popular age to claim Social Security. It's the earliest age possible to sign up. And there's something to be said for getting those benefits sooner.In fact, some people claim Social Security at 62 because they don't want to gamble on their life expectancies. Delaying Social Security -- either to full retirement age or beyond -- can be advantageous for people who end up living well into their 80s or beyond. But for people who pass away at a relatively young age, claiming Social Security at 62 often leads to a greater amount of lifetime income despite a reduction in monthly benefits.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool