Core Insights - Claiming Social Security at age 62 results in a significant reduction of monthly benefits, approximately 30% less compared to claiming at the full retirement age of 67 [1][4] - For individuals with sufficient retirement savings, claiming Social Security early may be advantageous for leisure activities, as it allows for better utilization of benefits while in good health [3][5] Investment Considerations - The article suggests that Social Security benefits can be viewed as "fun money" for retirees who do not rely on them for essential expenses like food and healthcare [4][5] - There are strategies to maximize Social Security benefits, potentially increasing retirement income significantly, with some individuals overlooking these opportunities [6][7]