The Key Considerations for Delaying Social Security Claims Until Age 70
Friday, 14 June 2024, 08:48
Maximizing Social Security Benefits
Delaying your Social Security filing until the age of 70 can lead to higher benefits, but it may not always be the best decision. Factors such as life expectancy, financial needs, and individual circumstances should be evaluated.
Key Considerations
- Understand the trade-offs of delaying your filing
- Evaluate implications on your financial situation
- Make an informed choice based on your circumstances
Claiming Social Security benefits at 70 requires careful consideration to ensure it aligns with your overall financial plan and goals.
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.