{
  "id": 1448854,
  "title": "3 Reasons to Claim Social Security at 62",
  "url": "https://urgent.news/2026/08/17/3-reasons-to-claim-social-security-at-62",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T07:48:00.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/retirement/2026/08/17/x-reasons-to-claim-social-security-at-62/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": null,
  "summary": "Claiming Social Security benefits at 62 results in reduced payments. According to Motley Fool, benefits are reduced by about 30% compared to what one would receive at 67, which is full retirement age for those born in 1960 or later.\n\nSocial Security remains a crucial part of retirement income for many Americans. A Gallup survey, as reported by Hindustan Times - World News, found that 80% to 90% of retirees rely on their monthly Social Security payment to cover some of their expenses.\n\nThe annual Social Security cost-of-living adjustment, or COLA, is closely watched to help retirees keep up with rising prices. The COLA is an annual increase in Social Security payments, intended to maintain retirees' purchasing power. Projections suggest that the 2027 Social Security increase could be larger than the increase in Medicare Part B premiums, potentially benefiting retirees who pay these premiums.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hindustan Times - World News",
        "title": "Social Security 2027 COLA could hit 3.6% as Medicare Part B premiums rise less",
        "url": "https://urgent.news/2026/08/16/social-security-2027-cola-could-hit-3-6-as-medicare-part-b-premiums",
        "published": "2026-08-16T18:00:09.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}