Here's Why You Should Start Claiming Social Security Benefits Early

You can start receiving income sooner

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It's available as early as age 62

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Benefits are reduced compared to waiting but you receive more lifetime payments

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Can supplement lost income if you retire early

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Good option if you have health issues or family history of shortened lifespan

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Allows you to invest the money for potentially higher returns

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Receive spousal or child benefits if eligible

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Pay down debt or make major purchases with the extra income

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Peace of mind knowing your retirement income has started

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If you wait and rules change, your benefits could be lower

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