Social Security Report

Is Waiting Until age 70 to file for Your Social Security Benefits Right for You?

Social Security Administration states 62 percent of retired workers who are currently receiving benefits count on their monthly check for at least half their income and another 34 percent rely on it for practically all of their monthly income. With so many current and future retirees relaying on Social Security it should a goal for most people to maximize what they’ll receive in their lifetime. In Sean William’s column, he lists four scenarios where waiting until age 70 to file for benefits makes sense for those looking to eke out the maximum monthly payout from Social Security. Read article here…

Notice: The link provided in the text above connects readers to the full content of the referenced article. The URL (internet address) for this link is valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or socialsecurityreport.org