Claiming Social Security benefits at age 62 is a huge mistake. Do not take Social Security at age 62.
As you approach retirement, the pressure to create a strong portfolio that will support you during your golden years can be overwhelming.
So, you've made a huge mistake. Gone are your 20s, 30s, and 40s. You're, say, 50, and staring down the barrel—you haven't saved any money for retirement.
When it comes to debt, I try to avoid being one of those guys who screams, “Cut up all your credit cards!”