If you do not plan to retire early,then when should you apply for Social Security?

Question

Quizplus · Accepted Answer

If you want to receive the full retirement benefit from Social Security, you should apply no earlier than 3 months before your 65th birthday. This is considered the full retirement age for those born between 1943-1954. If you apply for Social Security before your full retirement age, your benefit amount will be reduced. If you wait until after your full retirement age, your benefit amount will increase. However, waiting too long to apply may not be the best decision for everyone, as life expectancy and other factors should be taken into consideration.

If You Do Not Plan to Retire Early,then When Should