Deciding when to claim Social Security can be complicated because the age at which you claim benefits affects how much income you’ll get. The difference in income can be really substantial depending on whether you claim benefits early, late, or on time.
While the right approach depends on several things, including whether you’re married, your health status, other savings, and additional individualized factors, there are plenty of great reasons to wait until 70 to start taking Social Security. In fact, here are four big reasons waiting makes a lot of sense. Image source: Getty Images. 1. You’ll get the maximum […]
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