What claiming Social Security at 62 means

For someone born in 1960 or later (full retirement age 67), claiming at 62 pays about 70% of your full benefit — a reduction of about 30% versus your full amount.

Compare every claim age for your own numbers.

Adjacent ages: Claiming at 63.

Based on SSA's published reduction and delayed-credit formulas. General information, not financial advice.

Updated July 2026