There is no definitive answer to this question. Some factors to consider include your retirement age, whether you plan to continue working after retiring, and your projected life expectancy.

The earliest you can start collecting social security benefits is at age 62. However, if you wait until you are full retirement age (66 or 67, depending on when you were born), you will receive a higher monthly payment. And if you delay taking benefits until after full retirement age, you will receive an even larger monthly payment.

So when should you start taking social security benefits? The answer really depends on your individual situation. If you can retire at 62 and don’t expect to live past 78, taking benefits at that age may be your best decision. But if you want to keep working past retirement age or expect to live past 78, then waiting until full retirement age or later may be a better option.

Ultimately, the decision of when to start taking social security benefits is personal. Talk to your financial advisor to get advice specific to your situation.