US Life Insight

When Should You Claim Social Security: 62, 67, or 70?

You can start Social Security retirement benefits as early as 62, but the age you choose has a permanent effect on your monthly check.

Claiming at 62

Claiming early means a smaller monthly benefit, permanently reduced by roughly 25-30% compared to your full retirement age amount.

Full retirement age (66-67)

Waiting until your full retirement age, which depends on your birth year, gets you 100% of your calculated benefit.

Waiting until 70

Delaying past full retirement age earns delayed retirement credits, increasing your benefit roughly 8% per year up to age 70.

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