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How your health affects when you should claim Social Security
Most advisors, when looking solely at the financial elements of your retirement, will recommend that you delay claiming Social Security as long as you can. But reality is that everyone’s personal situation is different, and there a some very valid reasons why claiming your benefits early is a good idea. As Social Security Advisors we usually counsel our clients to consider three primary things when deciding when to claim - how badly you need the money now, your current health and your expected longevity. And, as very clearly pointed out in this Motley Fool article by Maurie Backman, your health and expected longevity are paramount to deciding whether to claim your Social Security early, even as early as age 62. Click here to read more.
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