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Don’t let fear cost you money - Kiplinger
According to Suze Orman, a financial expert with more than 40 years of experience, the biggest retirement mistake you can make is claiming your Social Security benefits early. Delaying your claim can significantly increase your total lifetime benefits, as starting early may result in lower monthly payments. Yes, there are times when claiming your benefits early is necessary, due to ill health, but generally, claiming early, you run the risk of being cash-strapped later. Donna Fuscaldo, writing for Kiplinger, discusses with Suze Orman why claiming your benefits early is a mistake and waiting until at least your full retirement age is a better choice. Read Ms. Fuscaldo’s article here…
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