Claiming at 62 vs. 67: The $150,000 Social Security Mistake Nobody Does the Math On
· finance.yahoo.com
Claiming Social Security at 62 feels like a straightforward trade-off, a smaller check sooner versus a bigger one later. But most people drastically underestimate what that choice actually costs them over a typical retirement.
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Claiming Social Security at 62 instead of 67 permanently cuts your monthly benefit by 30%, costing the average retiree roughly $150,000 over 20 year...