When Is the Best Age to Take Social Security? Ask Yourself This One Simple Question
Determining what age to begin taking Social Security is one of the most important retirement decisions you'll make -- and also one of the toughest.
You can file for benefits as early as age 62, but for every month you wait (up to age 70), you'll receive larger checks. Some experts say delaying as long as possible is the best move, as it will maximize your monthly payments. Others say it's not worth it to wait and that claiming earlier is better.
In reality, there is no single best age to take benefits. However, there's one simple question to ask yourself that can make it easier to choose the best age for your situation: What's your biggest priority in retirement?
Source Fool.com
