This Is the Average Social Security Benefit for Age 62

Millions of older adults depend on Social Security to make ends meet, and age 62 is the earliest most people can begin taking retirement benefits.The age you file will directly impact your monthly payments. Filing earlier than your full retirement age -- which is between ages 66 and 67 depending on your birth year -- will reduce your checks. If you file after your full retirement age, up to age 70, you'll collect a bonus each month on top of your full benefit.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool