For seniors who are heading towards retirement, one of the most important questions is “When should I claim my Social Security?”

While some people take it early to get their benefits ASAP, others delay as long as they can to enjoy a bigger monthly payout.

Filing for Social Security at age 65 represents a happy medium for many people — while it’s prior to the full retirement age of 66/67, the loss in benefits you’ll face here will be minimal compared to the one you’d see for filing a few years prior when you first become eligible.

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