This news isn't about cryptocurrency! It's about Social Security, a system in the US that helps people after they retire from work. Many people start receiving Social Security payments at age 62, but this means getting smaller payments each month. It's a big decision!
- People can start getting Social Security at age 62, but payments are less than if they wait.
- Many older adults don't have much money saved for retirement.
- There's a little-known rule: You can change your mind about starting Social Security early within one year, but you have to pay back what you received.
| Fact | Number |
|---|---|
| Median retirement savings (ages 65-74) | $200,000 |
| Earliest age to get Social Security | 62 |
