3 Great Reasons to Take Social Security Benefits at 62 | The Motley Fool
Nov 6 · 4 min read
In the ever-popular “ when to claim Social Security” debate, you’ll often hear age 62 tossed around as a viable option. That’s the earliest age seniors can file for benefits, though claiming them at that point means reducing them in the process.
Here’s a quick refresher on how those benefits are calculated. The Social Security Administration (SSA) takes your average wages over your 35 highest-paid years in the workforce and adjusts them for inflation. Then, a special formula is applied to what’s known as…

