Question: I’m 62 and worried about Social Security’s future, especially given that it is projected to pay me less than I ...

The resounding advice about filing early for Social Security retirement benefits is pretty unambiguous: Don’t do it. However, ...

At 62, the average American can expect to live past 80. Based on simple longevity, you’ll reap the most total Social Security dollars in your lifetime if you wait until 70 to claim them.

Simply put, if you signed up for Social Security at 62 but regret it after the fact, you can undo your filing and claim benefits again at a later age, thereby increasing them.

In an example provided by the Social Security Administration, a typical American who claims Social Security at 62 could claim a monthly check worth $1,400. By age 70, the benefit rises to ...