From Nasdaq: 2025-05-04 10:21:00

Seniors face a crucial decision on when to start taking Social Security benefits, with age 62 being a common choice. However, the best age to claim depends on personal circumstances. Survivor benefits are available to widows and widowers at age 60, with the option to switch to personal benefits later. Lower-earning spouses may also benefit from claiming at 62, while full retirement age offers maximum spousal benefits. Waiting until age 70 maximizes personal benefits, with survivor benefits playing a role in the decision. Claiming age ultimately depends on individual situations and financial goals.



Read more at Nasdaq: When to Start Taking Social Security: These Are the Only 4 Ages I Would Ever Consider