Should I wait to 70 to Retire?

Should I wait to 70 to Retire?

By on Oct 7, 2019 in Uncategorized | 0 comments

Benefits can begin as early as 62, but each year you delay taking them (up to age 70), provides an increase in the benefit — and that can be significant. So that seems like a no-brainer, right? 

Well, here are three reasons it might notbe beneficial to wait until 70.

  1. You may not make it to your claiming age;
  2. A higher monthly payout may not be optimal; and
  3. Significant benefit cuts are on the horizon.

To learn more about the 3 cons of waiting until 70 to retire, read the full article 3 Top Reasons Taking Social Security at Age 70 Is a Mistake on Fool.com.

Credit to:
The Motley Fool / Fool.com
3 Top Reasons Taking Social Security at Age 70 Is a Mistake 
By: Sean Williams, July 7, 2019

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