Social Security is one of the most important income sources for retirees, but the age at which you claim benefits dramatically affects the amount you receive. Many people begin collecting as early as 62, while others wait until full retirement age (FRA), typically between 66 and 67, depending on birth year. Yet the biggest boost comes from delaying until age 70. This decision can transform retirement finances, offering a level of security that early claimers miss. Timing matters more than most realize, and the choice can shape the rest of your retirement.
