Are you tempted to start collecting your Social Security at the first possible moment? The earliest is when you are 62 plus one month. But your check will be reduced compared to what it would be if you wait until your full retirement age. Although you need to check with your Social Security office for specifics, generally, you forfeit about 20 percent at age 62; 13-14 percent if you wait until age 63; and about 6-7 percent at 64
Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.