Social Security benefits at age 62: why you should collect them

Social Security benefits are collected by millions of Americans every year, but how old you choose to collect them can affect many aspects of your life.

Waiting is beneficial to some people. There are others who want to collect earlier. No matter what choice you make, it must be the right one for you.

The following are three reasons you may want to start collecting Social Security payments early at age 62

The majority of people have access to good healthcare through their jobs, 

But some may have to pay a lot when they work for themselves.

Retiring at 62 may be the best option for you if you cannot afford premiums, copays, or deductibles.

In this way, you'll be able to manage your health and not skip things just to save money.

Social Security payments may tide you over until Medicare becomes available at 65.

Next, you may want to change careers sooner rather than later.

Quitting your job may result in a pay cut if you hate it and want to do something else.

Instead of taking the pay cut, you could make low enough wages to qualify for Social Security.

As a result, the wage difference will be offset.

You may want to retire early and enjoy it if you have saved enough and have a sizable nest egg.

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