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Markets · Investing · Business
Finance
Forced Into Early Retirement? Here's What You Should Know Before Claiming Social Security Early
Once you've made this decision, it's difficult to undo.
Most people look forward to retirement, but being forced to retire unexpectedly can take a lot of the fun out of it. It happens more often than you might think. Maybe your employer lays you off, and you can't find a new job, or you have to care for a spouse who's unwell.
If you don't have the savings you'd hoped to have before you quit the workforce, you might be considering claiming Social Security early. That is one possibility, but it's important to understand the trade-offs before you apply.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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