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Why you should wait until 70 to collect Social Security

Sure, 62 is the age you become eligible to collect Social Security and cash in on those FICA payroll taxes you’ve been paying your entire career.  And sometimes there are really good reasons why collecting at 62 is smart, and, if you can do it, waiting until your full retirement age (66-67) is even smarter.  But there are also some really good reasons to wait beyond your full retirement age, even to age 70, to start your benefits.  This article by Motley Fool’s Maurie Backman gives 3 great reasons to wait until age 70 to file for Social Security benefits.  Click here to read more.

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