GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.

Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re able to read more about oureditorial guidelinesand our products and servicesreview methodology.
During your working years, you pay Social Security taxes to the government.
When you retire, youre provided with monthly income for life.
But a look under the hood shows that Social Security can actually be quite complicated.
The biggest issue for mostretireesis when they should claim their benefits.
But youre allowed to file for Social Security as early as age 62 or as late as age 70.
Reasons To Claim at Age 62
Heres a look at why you might want to claim early.
Your Life Expectancy Is Short
No one knows how long they will live with any certainty.
If you wait until age 70 and have a short life span, you may never enjoy your benefits.
However, spousal benefits are based on the amount that the primary filer receives.
More From GOBankingRates
Share This Article: