I had heard that if you start collecting SS benefits too early (ex. early retirement, age 62?), that you can outlive the benefits, that they will end at some point if you live into your 90s. That's why the timing for starting SS is so crucial. Is this true?

Hi. No. Social Security retirement benefits continue for as long as a person lives regardless of the age at which they started drawing benefits. But, if you start drawing your benefits at age 62 you'll be stuck with your lowest possible monthly benefit rate for as long as you live.

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Best, Jerry