One can start availing of these benefits at the age of 62 but delaying them and availing them at the age of 67 will only result in increasing them.
Based on their career earnings, Social Security replaces a portion of their pre-retirement income. Depending on how much you earn and when you decide to begin receiving benefits, Social Security replaces a different percentage of your pre-retirement income depending on your top 35 years of earnings.
Up to four months prior to when you want your retirement benefits to begin, you can apply. For instance, if your 62nd birthday is on December 2, you can apply in August and begin receiving benefits in December. Three months before to turning 65, you should enroll in Medicare even if you are not yet prepared to retire.
Therefore, benefits can be availed from the age of 62 years to 67 years of age.
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