Nearly half of the senior citizens eligible for Social Security payments that begin at age 62 plan to begin drawing down those assets immediately, rather than waiting prudently for the higher payments that top off at age 66 for those born between 1943 and 1954, according to a survey of 600 Americans between the ages of 55 and 69 that Fidelity Investments sponsored.  

Respondents said their primary reasons for going for the money so early was immediate financial needs, healthcare concerns and longevity expectations, with this group saying Social Security will be paying for just about half of their retirement income.

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