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Markets · Investing · Business
Finance
3 Reasons to Claim Social Security at 70
Claiming Social Security at 70 can help you to build a more secure future for you and your spouse.
You can start Social Security at 62, but for many retirees, waiting until 70 is a better plan.
Of course, delaying your claim for benefits for eight full years after you become eligible means you're passing up a lot of income you could have collected. And unless you want to actually work until you are 70, you're going to need money in your retirement plans to support you until you claim your benefits.
Details
Despite these downsides, though, there are plenty of great reasons to wait to start your benefit checks. Here are three of them.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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