You can retire between 62 and your full retirement age (FRA). Your FRA depends on the year you were born, and varies from 62 to 67. Doug Lemons, a Social Security expert, calculated that taking benefits early and investing them is not desirable unless one receives an ROI of 5% for benefits taken at 62 rather than the FRA, or an ROI of 3% for benefits taken at FRA rather than waiting until age 70.
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Social Security Benefits
You can retire between 62 and your full retirement age (FRA). Your FRA depends on the year you were born, and varies from 62 to 67. Doug Lemons, a Social Security expert, calculated that taking benefits early and investing them is not desirable unless one receives an ROI of 5% for benefits taken at 62
By Mark Malachowski · January 18, 2018 · 3 min read
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