The Biggest Retirement Income Mistake Isn't Claiming Social Security Early
Another decision could have far worse consequences.
The Biggest Retirement Income Mistake Isn't Claiming Social Security Early
Overview
If you've spent any time reading about retirement planning, you've probably heard some warnings about claiming Social Security too early. And you may be inclined to wait until full retirement age to file for Social Security to avoid reduced monthly checks for life.
The earliest age you can sign up for Social Security is 62. But for each month you claim benefits ahead of full retirement age, your monthly checks are reduced on a permanent basis.
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Details
Source
Originally published at www.fool.com.
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