Marcia Mantell advises women on Social Security claiming at ages 62, 67, and 70

3 articles · Updated · HerMoney · Apr 22

Mantell warns that claiming Social Security at 62 results in a permanent 30% reduction, dropping a $3,000 benefit to $2,100 monthly.
Delaying benefits until 70 can increase monthly payments to $3,700, offering a significant long-term financial advantage, especially for healthy women who can afford to wait.
Mantell cautions that fear-driven early claims, fueled by headlines about benefit cuts, may lead to lasting financial regret, as lower starting benefits reduce future cost-of-living adjustments and after-tax income.

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