If you're still at a job you enjoy at age 62, you may want to put your Social Security claim on hold since you don't need the money. If you have a nice amount of savings and feel you could use your benefits sooner to better enjoy them, then you may want to sign up as early as you're allowed to.

For his last term in office former President Joe Biden sign a new social security measure to ehance benefits for millions of Americans.

The cost-of-living adjustment (COLA) for 2025 is indeed a most notable change in Social Security for 2025, but it's not an Earth-shattering one. The COLA, effective in December 2024, is just 2.5%. So if you were collecting, say, $2,000 per month, you'd now be getting $2,050.

If you’re like most seniors, you’ll rely on  Social Security to provide a good portion of your income once you retire. But, it can be hard to figure out exactly what role Social Security will play in supporting you if you don’t know how much money you’ll get from the benefits program.

The difference in claiming early versus waiting is magnified when you qualify for the maximum possible benefit.

The Social Security Fairness Act will eliminate the Windfall Elimination Provision and the Government Pension Offset, restoring benefits many public workers were previously denied.

Given doubts about the program's long-term viability, Doug and Lee talk about why, especially for people with passive income, claiming Social Security at 62 can be a reasonable plan. The post Taking Social Security at 62 Was A Terrible Idea,