When Should You Claim Social Security Benefits?
📅
Apr 05, 2025
👤
Retirement Expert
⏱️
6 min read
You can claim Social Security as early as 62, but waiting until 70 provides a much larger monthly check.
Delayed Retirement Credits
Your benefit increases by about 8% for every year you wait past your full retirement age.
Break-Even Analysis
It typically takes until your late 70s or early 80s for the higher payments from waiting to outweigh the early payments you missed.
Health and Longevity
If you expect to live a long life, waiting is almost always the better financial move.