Finance guru Dave Ramsey has a contrary take on several common financial issues. For one thing, he says your credit score ...

When you've spent four decades or more in the workforce, it's understandable to be drawn to the idea of claiming those ...

When you’re nearing retirement age, the decisions you make regarding your Social Security benefits are going to shape your ...

Deciding when to claim Social Security benefits is crucial for retirement planning. The age at which you start affects your ...

Key Points You don't become eligible for Social Security until you're 62 for the entire month.The earlier you claim Social ...

While the two studies above indicate that waiting longer results in a higher lifetime benefit, actual data shows more people ...

Importantly, the average Social Security benefit tends to increase over time because of inflation and changes in average ...

One of the most popular ages to claim Social Security is also the earliest: 62. It's easy to understand why so many people apply right away. The sooner you sign up, the more months of checks you ...

Claiming benefits at age 62 means a permanent 30% reduction in monthly payments. In two short years, the oldest members of ...

To 'beat' Social Security, you'd have to play a risky game. If you claim the benefit at 62, you would have an eight-year head start over someone who collects their first check at 70.

If so, claiming at 62 might be a smart choice. The explanation for this brings us to our next topic: financial trade-offs associated with claiming Social Security at 62 versus 67. Financial trade-offs ...

There's a reason 62 tends to be a popular age for claiming Social Security. Most seniors are aware that if they file for Social Security at 62, they're going to be reducing their benefits ...