His Planner Said Never to Spend Principal. Protecting the 401(k) Prompted Him to Claim Social Security at 62.
A June 2026 Corebridge Financial (CRBG) study found 70% of respondents prioritize preserving retirement savings, with 61% viewing retirement as a time to enjoy themselves. Claiming Social Security at 62 reduces benefits by 30%, while waiting until 70 increases them by 8% annually. Drawing from a 401(k) during this period can secure a larger, inflation-adjusted benefit, but requires careful planning to avoid tax and market risks.



