The Social Security Administration (SSA) provides an opportunity for older adults to access retirement benefits starting at age 62, given they have accumulated at least 40 work credits. While early retirement offers the advantage of receiving benefits over a longer period,

Though there's a wide variance in what a retired worker can receive each month from Social Security, there are advantages and drawbacks to every age within the traditional claiming range of 62 through 70. But within this range are two initial collection ages that are bound to remain exceptionally popular: 62 and 67.

Whether you're ready to apply or looking to learn more about applying for Social Security, we'll fill you in on the details.

In 2025, the maximum monthly benefit Social Security will pay is $5,108. To be clear, though, that's higher than the program's maximum benefit at full retirement age this year. Those looking at $5,108 a month in Social Security need to delay their claims until the age of 70 to lock in payments that high.

One of the biggest Social Security decisions you'll have to make is when to sign up for benefits. Many choose to apply as soon as they're eligible, so they can get the most checks. But this isn't always the wisest move.

There’s a reason some people aim to file for Social Security at age 70 despite being entitled to their monthly benefits without a reduction much sooner than that. For each year a Social Security claim is delayed past full retirement age (FRA),

As retirement approaches, deciding when to claim Social Security is crucial. While waiting until 70 can boost your monthly benefits, there are valid reasons to consider applying earlier.