The Lesser-Known Reason You May Not Want to Delay Social Security
Social Security commonly serves as an important income source for seniors, namely because those benefits are a guaranteed source of income for life. That's why it's so important to file for Social Security carefully.
You're allowed to sign up for Social Security as soon as you turn 62. But you won't get your full monthly benefit based on your personal wage history until you reach full retirement age, or FRA. FRA is 67 if you were born in 1960 or later.
Image source: Getty Images.
Source Fool.com