Fidelity Investments Reports Nearly Half Of 61 Year-Olds Plan To Start Taking S.S. As Soon As Possible

Financial Needs and Health Concerns Cited As Top Factors in Decision to Begin Receiving Benefits at Age 62

BOSTON, Oct 27, 2008 (BUSINESS WIRE) -- In a new survey(1) released today, Fidelity Investments reports that nearly half (45%) of Americans age 61 today are planning to begin taking Social Security at the age of 62, the first year that eligible recipients can apply. The top reasons driving their decision to collect early are immediate financial needs and health and longevity concerns............

MarketWatch (Wall Street Journal)