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Should A Decrease in Social Security Benefits Stop You From Taking Them Early?
The vast majority of Americans take Social Security before they reach full retirement age. By doing so, they agree to accept smaller Social Security payments for the rest of their lives. Yet many policymakers think that people would be better served by waiting, raising the question of whether those reduced payments should actually deter you from making early Social Security claims. To provide multiple views on this contentious issue, we asked three Motley Fool contributors to provide their perspectives on the pros and cons of claiming Social Security at different times. Take a look at what they have to say and see which one you agree with the most. Read more…