My understanding is that if you draw Social Security at age 62 that you are only allowed to make so much per year. What happens if you make more than that? Probably a stupid question but I'm just curious.
You might want to consider this also. The amount you draw goes up 8% per year after age 62.
........You could wake up dead in the morning.....Just sayin.
I took mine at 63 1/2, (16 years ago) as I couldn't get COBRA for health ins for more than 18 months. I have a reasonable pension, Social Security, a minimal VA Disability and my wife's SSA. I have only one recommendation for retirement. Have NO DEBT. And, make no new debt. Then, put into savings 20-30% of your income so you are set up to not have to have any new debt. Since I retired we built a new condo, took 3 European vacations and an Alaskan cruise, bought two new cars, and everything was paid for in cash. (not to mention over 100 firearms purchased, mostly SW).
To be able to get up every morning and never worry about paying for anything is the best peace of retirement.
Also, if your earnings in the years after age 62 are your peak earning years that will increase your SS payments at full retirement.
You might want to consider this also. The amount you draw goes up 8% per year after age 62.