Story: Pros and Cons of Taking Your Social Security Benefits At Age 62 – When it comes to taking Social Security plan distributions, retirees do have options, age-wise. Up first is age 62 – the earliest you can take money from your Social Security plan. Just know there are benefits and penalties for cashing in early on Social Security – and the “cons” pretty much outweigh the “pros” at age 62. – – – Need experts to weigh in the pros and cons of taking Social Security at age 62. When is it a good idea? When is it a bad idea? Why? All comments welcome. Requirements: Social Security experts, retirement experts, money managers, actual Social Security recipients.
Pros and Cons of Taking Your Social Security Benefits At Age 62