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Why Some Seniors Shouldn’t Claim Social Security at 70
Waiting until age 70 to start collecting monthly Social Security checks will yield one the highest possible dollar amount for life. Experts almost always stress delaying until this age if possible. But should everyone wait? Maurie Backman explains the virtues of waiting, including detailed calculations from ages 62 to 70, but she cautions poor health might give some seniors a reason to pause with the traditional advice. Full article 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.
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