Data Shows Claiming Social Security at 70 Is the Right Choice -- But It's Not for These Retirees
While the data on the best age to claim Social Security is clear, some retirees are in a different situation.
Overview
As you near your retirement age, you must start seriously thinking about when you're going to claim your Social Security benefits. These benefits will be an important source of income, and your decision about when to start them could have a huge effect on both your monthly and lifetime income.
Smart retirees will look at data to guide them in their decision, and the data is clear on what claiming age is best for almost all seniors. However, this common recommendation doesn't apply to older Americans claiming a specific type of benefit.
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Originally published at www.fool.com.
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