When Should You Sign Up for Social Security?

Deciding when to start receiving Social Security benefits is one of the biggest retirement choices you'll make—and timing matters. While you can begin collecting benefits as early as age 62, the best time to enroll depends on your financial needs, health, and long-term goals.

Here’s a quick breakdown:

✅ Age 62 (Early Retirement)

You can start benefits at 62, but your monthly payment will be reduced—about 25–30% less than if you waited until full retirement age. This may be a good option if you need the income sooner or have health concerns.

✅ Full Retirement Age (FRA)

For most people, full retirement age is 66 or 67, depending on your birth year. Signing up at FRA gives you 100% of your benefit with no reduction.

✅ Age 70 (Delayed Retirement)

If you delay benefits until age 70, you’ll receive increased monthly payments—up to 8% more for each year you delay past your FRA. This is ideal if you expect a longer lifespan and want to maximize your benefit.

💡 So, When Should You Sign Up?

There’s no one-size-fits-all answer. The right time depends on your health, financial situation, work status, and retirement plans. Talking to a trusted advisor can help you make the best decision for your future.

Need help? At Valora Benefits Group, we’ll guide you through the process and help you feel confident about your timing.

📞 Call (616) 287-3223 or schedule a consultation to get started.