Social Security at 62 vs. 70: The Decision That Changes Everything

Published September 21, 2026 · Category: Finance

Overview

Deciding when it's time to retire is a huge decision, which makes perfect sense. After all, we all have a set number of days, and deciding how to spend them can feel huge. Do you want to retire as soon as you're eligible to collect Social Security at 62, or wait until you're 70?

Choosing whether to file for Social Security benefits at 62 versus 70 is not a minor timing tweak. It permanently reshapes your monthly income and lifetime benefits. Everyone's situation is different, including yours. As you think about the right time to make a claim, you may want to consider the following.

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Details

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Source

Originally published at www.fool.com.

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