About 44% of workers take the benefit as soon as they are eligible, at age 62, and nearly 75% of retirees take benefits before full retirement age.
It's the big decision every retiree needs to make: Should you claim Social Security benefits early, at your full retirement age (currently 66, for workers born between 1943 and 1954), or delay claiming until as late as age 70? If you take benefits as early as possible, you'll see about 25% to 30% less each month than you'd get at full retirement age. If you wait, you'll receive 8% more benefits for every year beyond your full retirement age.
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