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Some older adults choose to stay in the workforce longer to maximize their retirement savings.
However, others choose to retire at 62, the earliest age you might begin withdrawing Social Security.
Claiming Social Security early means permanently reducing your monthly payments.
Here are three reasons it pays to take asmaller Social Security check.
TheRule of 55only applies to retirement accounts with your current employer.
For example, studies in Finland and the United Kingdom found that peopleshealth improved after early retirement.
Definitely speak with a professional before making the decision.
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