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When Should I Collect Social Security

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Regardless of your full Social Security retirement age which ranges from 65 to 67 you can collect retirement benefits as early as age 62 as long as youve paid into the program for at least 40. For the average American choosing which age to start receiving Social Security will be the biggest retirement planning question. When Should You Take Social Security Charles Schwab You can expect the following when applying for Social Security spousal benefits. When should i collect social security . Heres how to tell if your Social Security benefit is taxable. For example if you were born on Oct. However you will never pay taxes on more than 85 of your Social Security income. Single Social Security claimants who want to hold off until age 70 but find they cant quite wait any longer should select age 69 for the best trade off according to Christopher Jones chief. You can start receiving your Social Security retirement benefits as early as age 62. 3 and 31 your first full month at 62