Welcome to Maybrook. Whether you expect to be here for a short time or for the rest of your life, we hope you find Maybrook to be a friendly, caring and supportive community where everyone is received warmly by. Over the past three years we have gained an even greater appreciation for our community and its spirit.
In short, the best advice for claiming Social Security is to wait. Yet 41 percent of men and 46 percent of women retire at age 62 on the smallest possible benefit check. Only 14.3 percent of men and 9.7 percent of women wait to collect their full check at age 66.
When should you apply for Social Security? Retirement planning is complicated, beginning with the decision about when to begin taking your Social Security benefits. On one hand, if you need the money and donât expect to live into your 80s, it is tempting to take Social Security as early as possible â at age 62 â to benefit from the income stream. On the other hand, you can increase your monthly payment considerably by waiting until age 70.