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Does filing early really hurt seniors in the long run?
Many of us grapple with the decision of when to file for Social Security, because while those benefits themselves are initially based on a given worker’s lifetime earnings, the age at which they’re first claimed can cause that number to go up, go down, or stay the same. According to data from Voya Financial, 60 percent of U.S. workers end up being forced to retire earlier than planned so claiming early might not have been their first choice. Read article to find out why so many people claim Social Security early. Read article here…