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Report: The Changing Picture of Who Claims Social Security Early

As individuals approach their 60s, they face the important decision about when to start claiming Social Security retirement benefits. A report by Philip Armour and David Knapp of the RAND Corporation – shared via AARP’s Public Policy Institute – examines the characteristics of those who decide to start collecting at the early eligibility age (EEA) of 62 compared with those who wait until later.

A companion report, “The Consequences of Claiming Social Security Benefits at Age 62,” asks what financial consequences the decision to collect early might have for the individual over time. Continue reading