Deciding the Best Age to Claim Social Security Benefits
Tuesday, 6 August 2024, 00:00
Understanding Social Security Benefits
It's simpler than you might think to make this critical decision.
When to Claim
Deciding whether to take benefits at 62, 67, or 70 depends on several factors:
- Your current health and life expectancy.
- Financial needs in retirement.
- The potential for increased benefits by waiting.
Conclusion
Ultimately, understanding your unique circumstances and how they relate to the Social Security system can help you make the best choice.
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.