
Should You Take Social Security EARLY at 62?
Is claiming Social Security at age 62 a smart move? Many advisors recommend delaying benefits for a higher monthly payout, but that may not be the right move in some cases. In fact, taking Social Security early may make a lot of financial sense. In this video, we explore four key reasons why collecting benefits early, at age 62, might be the right decision. Topics Covered: How Full Retirement Age (FRA) works and affects your benefits When collecting Social Security benefits EARLY can make sense Spousal strategies to maximize household income Protecting your investments with Social Security Common mistakes to avoid when claiming early If youโre planning for retirement and want to maximize your Social Security benefits, this video is for you. Subscribe for more personal finance insights! ๐ Video Chapters: 0:00 โ Should You Take Social Security Early? 0:28 โ When should you claim? 0:50 โ Understanding full retirement age 2:00 โ Reason #1: Health Issues 3:22 โ Reason #2: Retiring Early 5:10 โ Reason #3: Spousal Benefits 6:20 โ Reason #4: Safeguarding Portfolio 7:48 โ Final thoughts 8:40 โ When to collect early Whatโs your biggest concern about Social Security? Let us know in the comments! Connect with Us: Website: https://www.clarkgroupam.com/ Contact: [email protected] Follow Us: @clarkgroupam #socialsecurity #socialsecuritybenefit #retireearly #retirementplanning