Maximum Social Security at 62 in 2026: What You Can Receive

Many Americans consider claiming Social Security as soon as they turn 62, but early benefits come with permanent reductions.

In 2026, the maximum monthly payment at age 62 is $2,969 for workers who earned the maximum taxable amount for at least 35 years.

This includes the 2026 cost-of-living adjustment.
 

How Early Claiming Reduces Benefits

Claiming at 62 cuts your monthly benefit by roughly 30% compared to waiting until full retirement age.
For reference:

• Full retirement age: Maximum $4,152/month

• Age 70: Maximum $5,181/month
   

What Affects Your Personal Benefit

Your Social Security benefit depends on:

• Your highest 35 years of earnings

• Adjustments for wage inflation

• Earnings at or above the annual maximum taxable amount ($184,500 in 2026)

Working after 62 can replace lower-earning years and slightly increase benefits, but early-claiming reductions are permanent.
 

Key Takeaway

While $2,969 is the highest you can get at 62 in 2026, carefully consider whether early claiming fits your long-term retirement strategy.

Waiting could result in significantly higher monthly income.

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