Workflow
Here are 5 key privileges you can unlock at age 62 — makes these money moves to help stretch your savings in retirement
Yahoo Finance·2025-10-05 17:00

Core Insights - Turning 62 opens various financial opportunities beyond claiming Social Security retirement benefits Group 1: Financial Opportunities at Age 62 - Eligibility for reverse mortgage (HECM) allows homeowners to convert home equity into tax-free cash, providing supplemental income for expenses [2][3] - Age 62 is often considered a "normal retirement age" for private and employer pensions, allowing for penalty-free payouts [4] - Potential eligibility for property tax relief programs in certain states or counties, with some local programs starting at age 62 [5]