Social Security Retirees Face Unexpected Downside of Early Retirement

Key Points Retiring early can result in a reduced Social Security claim. Most people know that early filing penalties reduce the amount they receive. Your Social Security benefits could also be smaller for another unexpected reason if you claim benefits early. The $23,760 Social Security bonus most retirees completely overlook › Retiring early is a dream for many, but there are some definite financial consequences. Not only do you need to start relying on your savings sooner and have fewer year ...