
Are you claiming Social Security at the right time? How your age, health, and money could make a big difference
Published on: Oct. 6, 2025, 2:38 a.m. | Source: The Economic Times
Deciding when to claim Social Security impacts retirement income. Experts advise considering health, life expectancy, and other funds. Claiming early reduces benefits but provides cash sooner. Delaying increases monthly payments but requires living longer. Many claim early due to immediate needs or health issues. Understanding breakeven age is crucial for maximizing lifetime benefits.