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Five reasons to take Social Security at 67
For those born in 1960 or later, age 67 is their full retirement age. Sean Williams of The Motley Fool lists five reasons why age 67 just might be the perfect age to claim benefits. They are: 1. You’re guaranteed your full monthly payout; 2. You’ll be protecting your spouse; 3. You won’t have to worry about the retirement earnings test; 4. Working longer may lead to a larger payout; and 5. Statistically, you have a better chance of optimizing your lifetime payout than claiming earlier. Read the full article published in USA Today here.
The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security. This service provides guidance in understanding the complexities of Social Security and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.