Is working at 62 good for your health?

But not all work is good for you; sometimes it’s detrimental to your health. Retiring at 62 from a backbreaking job or one with a disproportionately high level of stress can help you retain, or regain, your good health and keep it longer. Just be sure to have a plan for being mentally, socially and physically active after retirement.

Why is age 62 a common claim choice for retirees?

Additionally, Social Security's financial woes have made age 62 a common claims choice for retirees. The 2023 Social Security Board of Trustees Report estimated that America's leading retirement program is facing a $22.4 trillion funding shortfall through 2097.

When will I get my retirement benefits if I'm 62?

If you were born later in October, your first benefit month is November and you will be paid in December. By filing at 62, or any time before you reach full retirement age, you forfeit a portion of your monthly benefit. If you were born in 1962 or later, for instance, filing at 62 could reduce your monthly payment by as much as 30 percent.