Social Security may feel like a given—but how and when you claim it can make or break your retirement plan.

In 2025, the stakes are higher than ever. With inflation adjustments, longer lifespans, and shifting retirement ages, the decision to claim early, at full retirement age, or delay to 70 can dramatically affect your lifetime income.

The Basics

• Claim at 62: Reduced monthly benefit—can be up to 30% less than full retirement age.

• Claim at FRA (66–67): Standard benefit, based on your earnings record.

• Delay until 70: 8% annual increase each year past FRA = up to 132% of your full benefit.

Key Considerations

• Do you plan to keep working? Early benefits + work income can trigger withholdings.

• What’s your family longevity? Waiting might pay off.

• Do you need the income now—or can you fill the gap elsewhere?

Why Work with a Pro

A good financial planner can run breakeven analysis, simulate survivor benefits, and coordinate your claiming strategy with your spouse’s timeline and your broader tax plan.

Social Security is more than a monthly check—it’s a strategic tool.

Let’s get the most out of what you’ve earned—and make sure it supports your bigger retirement goals.