3 Reasons Delaying Social Security Could Be a Huge Mistake
When it comes to deciding when to claim Social Security benefits, you have several options. You can file at age 62 to start receiving checks as soon as possible, or you can wait a few months or years to earn larger monthly payments.
Retirees are often advised to wait until age 70 to start claiming Social Security, because that will result in the largest possible payments each month. However, there are a few reasons why holding off on claiming could be a risky move.
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Source Fool.com