Determining the Optimal Age to Claim Social Security Benefits

Discover the best age to claim Social Security benefits

Retired workers face a crucial decision when it comes to claiming Social Security benefits, affecting their financial security in retirement. Statistical analysis shows that claiming after 65 and predominantly at age 70 leads to maximizing lifetime benefits. While individual circumstances vary, these statistics can help retirees make informed decisions.

• Claiming Social Security post 65 can lead to higher lifetime benefits
• Age 70 emerges as the statistically optimal age for many retirees