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Retiring With Lots of Savings? 2 Social Security Claiming Strategies to Look At.

With a pile of savings at your disposal, you have plenty of good options.

Retiring With Lots of Savings? 2 Social Security Claiming Strategies to Look At.

Published July 23, 2026 · Category: Finance

Overview

There are many people who reach retirement without much or even any money saved. Folks in that boat tend to become extremely reliant on Social Security to cover their expenses once they stop working.

But what if you're nearing retirement with a few million dollars to your name? In that case, your Social Security benefits might be extra money you enjoy having but don't really need.

Image source: Getty Images.

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Source

Originally published at www.fool.com.

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