3 Social Security Filing Choices That Could Work Wonders for You
It's best to have income outside of Social Security at your disposal once you retire. While your monthly benefits might cover a big chunk of your bills, they probably won't cover your bills in their entirety.
But still, you may end up relying heavily on Social Security once you're no longer working. So it's important to choose the right age to file for benefits, as that will impact the amount of money you get each month. Here are three filing options to look at that could be right for you.
Many seniors opt to sign up for Social Security at age 62, which is the earliest age you can put in a claim for benefits. Filing at age 62 has the obvious perk of getting your money sooner. But it also means locking in a lower monthly benefit that you'll generally be stuck with for the rest of your life.
Source Fool.com
