Here are three reasons why you should

Your work is calculated based on how you work.

Seniors get an eighty-year old at age 70 and ends at age 70 (well, technically, you do not -have to file once you turn 70, but there is no financial incentive. Right in the middle of that window is full retirement age, or FRA, which is when you're allowed to collect the full monthly benefit of your work record entitles you to.

FRA, depending on when you were born, is 66, 67, or 66 and a certain number of months. And while you do not have to wait until the end of the month, you will not be able to do this.

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The extent of that will be 62 percent of the time, but you are claiming benefits at 62 and your is about 67 percent. And unless you undo your application and then file back at a later date, that will remain in effect for the rest of your life.

This is why you will often hear that taking a look at Social Security at 62 is a bad idea. But here are three reasons why the opposite may be true.

1. You're unable to work

You might plan to work on your 60s and hold off on Social Security for a long time as you continue to collect a paycheck. But they say, life happens, and you can find yourself out of work at your company. Either way, if you do not have income to count on a job, it's not enough to cover your expenses, it pays to start taking benefits as soon as possible with debt.

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2. You're in bad health

Social Security technically is designed to pay for the same lifetime. The logic is that, while you are receiving a large number of individual payments. That formula, however, only applies to seniors who live an average life expectancy. Therefore, if your health is poor and you have reason to believe that you are going to have a good time, it makes you feel better.

Imagine you're entitled to a $ 1,600 monthly benefit at a rate of 67. Filing at 62 will be $ 1,120, but you'll collect 60 more payments. If you pass away around 78½, you'll be happy with $ 223,000 in lifetime benefits, regardless of whether you're 62 or 67. But if you only live until 74, you'll come out about $ 27,000 ahead in your lifetime by filing at 62

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3. You've earned the right to not have to wait

The logic behind waiting for Social Security is to grow your benefits. But if you've saved your life and now want the money to spend on leisure, you can go for it. We never know what the future holds; just because you're healthy today.

It also makes you think that you're more likely to enjoy it as soon as you're up to date. Therefore, if you can afford to take advantage of your money, you will be able to do so.

Do not Believe in Social Security at 62 is always a bad idea. In some cases, it is a very good idea and one that will serve you financially in retirement.

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