Aiming to Claim Social Security at Age 70? Here's Why Your Plan Might Backfire.
Once you turn 62, you can technically file for Social Security at any age you want. However, you'll generally hear that 70 is the latest age at which to sign up for Social Security.
It's not that you'll be barred from filing a claim if you do so at 71 or 72. Rather, there's no financial incentive to delay your Social Security filing beyond the age of 70.
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Source Fool.com