The percentage of Americans who claimed their Social Security benefits early (age 62) increased by 5 percentage points because of the high unemployment of the Great Recession, finds the Center for Retirement Research at Boston College. Among those newly eligible, an estimated 46 percent claimed their benefits early--up from the 41 percent who would have claimed early if unemployment rates had been similar to those of previous recessions.
Source: Center for Retirement Research at Boston College, Great Recession-Induced Early Claimers: Who Are They? How Much Do They Lose?
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