How to Applying for Social Security Benefits at Age 62

Donald Dirren

May 12, 2023

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Social Security benefits are design to provide financial assistance to retired or disabled individuals who can no longer work. Suppose you are approaching the age of 62 and are considering applying for social security benefits. In that case, it is essential to understand how the process works and what steps you need to take to ensure a successful application.

This article will guide you through applying for early retirement social security benefits at age 62. From eligibility requirements to the application process, we’ll cover everything you need to know to help you make an informed decision and maximize your social security benefits.

Check Your Eligibility Requirements

Before starting the application process, you must confirm that you meet the eligibility requirements for early retirement social security benefits. To claim benefits at age 62, you must have earned at least 40 social security credits, with at least 20 of those credits earned in the last ten years before your application.

Additionally, you must be a U.S. citizen or a legal resident with a valid Social Security Number (SSN) and not already receiving any other social security benefits such as disability or survivor benefits.

Calculate Your Benefit Amount

The amount of social security benefits you will receive depends on several factors, including your earnings history, the age at which you begin claiming benefits, and whether you continue to work after you start receiving benefits.

To estimate your benefit amount, you can use the Social Security Administration’s (SSA) online Retirement Estimator tool, which provides an estimate based on your earnings history. Alternatively, you can create a social security account on the SSA website to view your personal Social Security statement, which includes a breakdown of your estimated benefits.

Submit Your Application

Once you have confirmed your eligibility and calculated your benefit amount, you can begin the application process. You can apply for early retirement benefits up to four months before you turn 62, either online or by calling the SSA at 1-800-772-1213 (TTY 1-800-325-0778) to schedule an appointment.

When submitting your application, you must provide several pieces of information, including your full legal name, date and place of birth, SSN, employment history, and banking information for direct deposit of your benefits. You may also be require to provide additional documentation, such as marriage certificates or divorce decrees, if you claim spousal or survivor benefits.

Wait for a Decision

After submitting your application, it can take several weeks to several months for the SSA to process and decide on your claim. The SSA may contact you during this time if they require additional information or documentation.

If your claim is approved, you will receive a letter from the SSA outlining the amount of your monthly benefit payments and the date on which you can expect to start receiving them. You can appeal the decision within 60 days of receiving the denial notice if your claim is denied.

Understand the Impact of Claiming Early Retirement Benefits

While claiming social security benefits at age 62 may seem like a good idea, several factors should be consider before deciding. One crucial factor is the impact that claiming early retirement benefits can have on the amount of your monthly benefit payments.

If you begin receiving benefits at age 62, your monthly payments will be reduce by a percentage. Based on the months between your 62nd birthday and your full retirement age (FRA). Your FRA is determine by birth year and ranges from age 66 to 67 for individuals born in 1943 or later.

Additionally, if you continue to work after you start receiving benefits, your payments may be further reduced due to the Social Security earnings limit. For 2021, the earnings limit is $18,960 per year, meaning that if you earn more than this amount, your benefit payments will be reduced by $1 for every $2 in earnings above the limit.


Applying for social security at age 62 can be a helpful financial resource for many individuals. Still, it is essential to understand the application process and potential impacts before deciding. Following these steps and working with the SSA as needed can ensure a successful application and maximize your early retirement benefits.