Why I Plan to Wait Until Age 70 to Claim Social Security -- and You Probably Should, Too

There are lots of important decisions in life. As you draw close to retirement age, though, one looms especially large: when to file for Social Security benefits.

Many Americans opt to take the money as soon as they can get their hands on it (which is age 62, by the way). I won't be one of them. Here's why I plan to wait until age 70 to claim Social Security -- and you probably should, too.

Image source: Getty Images.

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Source Fool.com