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The Best Reason To Take Social Security Long Before Age 70


The age you begin claiming Social Security benefits will affect your monthly income for the rest of your retirement.

Age 62 is the earliest you can file, but the longer you wait, the larger your monthly payments will be. Delay benefits until age 70, and you could collect hundreds of dollars more each month. But waiting until age 70 isn't always a wise move. There's one great reason you may want to file earlier: You might regret waiting too long.

Image source: Getty Images.

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Source Fool.com


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