RBS 060: Claim Social Security at 62 and Invest the Money--Good or Bad Idea?

The Rob Berger Show - A podcast by Rob Berger

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Several viewers have recently asked me whether it makes sense to claim social security at 62 if you plan to invest the money. At first, it seems like a solid strategy. While your monthly benefit will be lower, you get years of investment returns you'd otherwise forfeit.It turns out, however, that the issue is a bit more complex. First, depending on your investment returns, claiming social security at 62 may or may not turn out in your favor.The arguably more important issue, however, is taxes...