Claim at age 62 or hold out for 70? What’s best?
Kailey Hagen explains her personal decision to wait until age 70 to start Social Security benefits, the age that will pay her (and anyone else) the maximum. It’s a choice so few make. On delaying she notes, “I believe it will give me more money overall than starting benefits earlier. It all comes down to my life expectancy. I’m a pretty healthy person, so I think there’s a good chance I’ll live into my mid-80s or beyond.” And that of course is the key. Hagen takes readers trough what unexpected events could change her mind. 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.