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Should Retirees Claim Social Security at Age 62 or 70? The Statistics Give a Clear Answer


Most retired workers have probably heard some variation of the wisdom that there is no best age to start Social Security benefits; it is a personal decision that depends on many variables best discussed with a financial advisor. That is absolutely true. But workers nearing retirement age should still understand the stakes.

Read on to learn how claiming age impacts Social Security benefits, and to see the claiming age most likely to maximize lifetime spending power.

Image source: Getty Images.

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Source Fool.com


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