Getting the message: Social Security claimants are waiting past 62
Advisers rejoice: Retirees are finally getting the message about the benefits of waiting to claim Social Security. A recent report from the Center for Retirement Research at Boston College shows that a declining number of people are taking Social Security retirement benefits in the year they turn 62. In 1985, 51.9% of men and 63.6% of women who turned 62 decided to claim Social Security retirement benefits. In 1996, those numbers changed to 56% of men and 62.8% of women. Read more…
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