T he Social Security Administration has announced significant changes to the retirement age, which will take effect starting in 2026. The full retirement age, which has been gradu

What did the United Income researchers determine was the best age to claim Social Security? It wasn't 62. Instead, they found that 92% of Americans would be better off holding off until at least age 65 to claim Social Security retirement benefits, and 71% would be better off waiting until age 70.

If you take Social Security at age 62, you’ll need to consider how to pay for health care until you can sign up for Medicare at age 65. The need to purchase a private plan can add significant costs to your budget in those early retirement years and could eat up a chunk of your Social Security check each month.