Retiring at 67 Costs You 30% If You Claim Social Security at 62

Quick Read Those born in 1960 face full retirement age of 67, the highest under current law. Claiming at 62 cuts monthly benefits by nearly one-third permanently versus waiting until 67. Break-even for delaying benefits to 67 occurs around age 78 to 80. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here. If you were born in 1960, you're turning 66 in 2026 and facing a milestone that earlier retirees di ...