Most Americans know that the earlier you start collecting Social Security, the less you're going to get each month -- but just how much of a reduction are we talking about? In this video, Certified Financial Planner® Matt Frankel discusses the actual data, as well as how to tell how much you could get if you start collecting Social Security early.

*Stock prices used were the morning prices of Sept. 20, 2024. The video was published on Sept. 21, 2024.