Determining the Optimal Age to Claim Social Security Benefits
Saturday, 8 June 2024, 14:44
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
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.