The No. 1 Reason to Claim Social Security at Age 62

You can start getting Social Security retirement benefits when you turn 62 years old, the earliest age when they're available. However, there are downsides to starting benefits at such a young age. Because this is well below your full retirement age, you'll see your benefits reduced by as much as 30%, compared to your standard benefit.Taking a 30% hit to one of your most important sources of retirement income may seem like something you should avoid at all costs. However, there are some situations where an early claim makes the most financial sense. Here's the single best reason to start your benefits at 62 instead of waiting.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool