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Claiming vs. waiting: weighing the financial cost of benefits

James Brumley explains the dilemma that many wanting to retire will face– do I claim benefits at some point between 62 and 67 or wait even longer until age 70? Monthly checks are permanently higher the longer one waits to start Social Security. Brumley shows this in a chart. He notes the difference is several hundred dollars per month, and folks need to carefully consider their options. Full piece in USA Today here.

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