One new study shows the vast majority of recent retirees are claiming Social Security benefits earlier than full retirement age, and that it's costing them significantly.
Nationwide Retirement Institute, a platform of Nationwide, the Columbus, Ohio-based insurance and financial services company, found that 83 percent of recent retirees claimed Social Security early.
As a result, they'll get almost 50 percent less in benefits than those that wait until they are 70, according to a survey of 902 pre-retirees and retirees.
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