Is it Worth it to Wait to Claim Social Security?
In a word: yes. In a few more: more than likely. As the average lifetime increases it becomes more and more worth it to delay Social Security benefits for as longs as possible to reap the most reward. This conclusion has been reached by most economists that have looked in to this problem or have been asked this question. Most experts agree that delaying benefits is the best option for most retirees based on numerous calculations and scenarios. To find out if this is the right decision for you, visit this article by Wade Pfau with The Wall Street Journal.