Over 30% of Those Turning 62 Are Making This Huge Social Security Mov

Over 30% of Those Turning 62 Are Making This Huge Social Security Move #Medicare

[probablynot]

My sister got tired of working (she actually always hated to work), so she retired at age 62, fully understanding she would receive a 30% lower SS check. She actually believes that when she turns 67, she will then automatically begin receiving a check commensurate with retiring at age 67! I told her no, you’ll get no larger a check than what you’re receiving, and to please confirm with the SS Administration. She insists that I’m trying to confuse her, and refuses to pick up a part-time job to build up her savings/investment. Her plan? Move in with her adult children - all of whom she kicked out of the house at age 16 to support themselves. SMH

[aglendaecarroll]

If you start taking SS money at age 62, you can’t work and make more than 20 some thousand dollars a year once you start taking SS money. That’s not a lot to live off on unless your SS money at age 62 is a boatload which means all through your working life you were making over 100K the majority of your 35 years of working.

[thedude]

I don't understand why so many Americans need/want to collect SS.

[petervan]

how you know you can live longer than 70

[myplacerighthear]

You must start collecting at 62 because you'll gain more money over time..😊 here's the thing the other reason to start collecting at 62 is because once you turn 67 the clock starts ticking and you don't know how much longer you have left