The Simple Reason to Delay Taking Social Security as Long as Possible
If you want to determine the optimal time to start collecting Social Security benefits, it's simple. Just hop in your Delorean, travel 30 years into the future, go check on yourself without disrupting the space-time continuum, and then come back and report your findings.
The fact is optimizing Social Security without complete knowledge of how long you'll live, what your expenses will be, and how your personal retirement savings portfolio will perform is impossible. But your best bet is to delay collecting Social Security benefits as long as you can possibly afford to do so.
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Source Fool.com
