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Social Security Mailbox

Taking an Early Benefit

Am I wrong to think I can make more money by investing it?

Q. I understand that a $750-a-month Social Security benefit taken at age 62 would be worth 33 percent more ($1,000) at age 66 and 76 percent more ($1,320) at age 70. But I'm going to take my benefit now at 62 because I figure I can invest my payments and make even more money. Is this bad logic?Back to Article

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