From Nasdaq.: 2025-05-26 03:44:00

When to start collecting Social Security is a crucial decision in retirement planning. Many claim at age 62, but waiting until age 70 means a bigger check. Full retirement age is 67 for those born in 1960 or later. Some benefit from claiming at age 62, like widow(er)s and lower-earning spouses. Age 67 is key for full retirement age and maximizing spousal benefits. Waiting until age 70 is optimal for unmarried individuals and higher-earning spouses. Planning ahead is vital for maximizing Social Security benefits and total household income in retirement. Don’t overlook the $23,760 Social Security bonus that many retirees miss out on.



Read more at Nasdaq.: Untangling Social Security: Is 62, 67, or 70 the Best Age to Claim?