If you retire at age 62 and were born in 1957, your Social Security benefit will be reduced because you are claiming benefits before your full retirement age (which is 67 for your birth year). The exact amount you will receive depends on your earnings history and the Social Security formula, but you can expect to receive about 70-75% of your full retirement benefit. To get a more accurate estimate, you can check your Social Security statement online or use the Social Security Administration's calculator.
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