The No. 1 Reason to Claim Social Security at Age 70
When it comes to making a decision about when to claim Social Security benefits, retirees have to weigh two competing interests. Claiming early allows them to receive those monthly checks for longer, but delaying will make those checks bigger. In order to make delaying worthwhile, a person has to live long enough to offset all those years they went without their benefits.
For most people, though, waiting until age 70 is the best choice for one simple reason.
Source Fool.com
