1 Big Reason to Claim Social Security Before Age 70
One of the most important retirement decisions you'll make is choosing when to begin claiming Social Security benefits. The age you file for benefits will affect your monthly checks for the rest of your life, so it's not a decision to be made lightly.
You can begin claiming benefits at age 62, but the longer you wait -- up to age 70 -- the more you'll receive each month. For that reason, many people think waiting until age 70 is the wisest move, because it results in bigger checks each month.
However, delaying benefits isn't the right move for everyone, and there's one good reason not to wait too long to begin claiming.
Source Fool.com
