Taking Social Security Too Early Can Cause Poverty in Old Age

Title: One Recession Cost Is Lower Social Security Benefits

Article Snip: "...Catherine Rampell of The New York Times reported on the economic difficulties of those in their 50s and early 60s suffering from high unemployment and decimation of their retirement savings by the recession. Many will be forced to take Social Security benefits as soon as they turn age 62. Unfortunately, they may be risking unnecessary poverty in old age as a consequence...."

Reference: nytimes.com