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Why we're taking Social Security at age 62 A couple, both retirement experts, have decided to start receiving Social Security benefits at age 62, despite the conventional advice to defer the benefits for a higher value. The Social Security payments they receive at 62, and other investments they have, are likely to grow and exceed the additional money they would receive if they deferred the payments, the experts explain. While they acknowledge that for some people, deferring until their full retirement age -- or even later -- makes sense, especially if they do not have the assets to support themselves or have difficulty handling money. But that is not their situation and they have concluded that it's "really a question of who you think can handle your money better -- you or Uncle Sam." -- Motley Fool
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