Suze Orman Says Claiming Social Security Early Could Hurt You: 4 Points to Consider Before Making Your Claim
There's a lot of online chatter about why you should claim Social Security early. Before you decide what you want to do, here's what you need to think about.
Overview
In a blog post dated June 11, 2026, financial guru Suze Orman discusses a trend she's seen on social media. According to Orman, there's been chatter that people are better off claiming Social Security as early as possible -- at age 62 -- rather than waiting to claim larger benefits.
While there are valid reasons a person may decide to make an early claim, like a serious illness that will lead to a shortened life, here are four points she would like others to consider before making a final decision.
Details
Full retirement age (FRA) for those born in 1960 or later is 67, and it's when you're entitled to 100% of your Social Security benefit. If you choose to claim benefits at 62 instead, you receive just 70% of the amount you would have received at 67.
Source
Originally published at www.fool.com.