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More on the Impact of Delaying Social Security Benefits
The media airwaves often sound a bit like a broken record on the subject of waiting to file for benefits rather than grabbing them at the first opportunity. And, there’s a sound mathematical reason for this persistent admonition, as explained by The Motley Fool’s Kailey Hagen in a post today on their site. She begins with a review of the full retirement age chart, and follows that with examples of how deferring benefits results in a larger monthly benefit check. Not really news, but certainly something worth re-examining by those aging into Social Security eligibility. Check out Ms. Hagen’s post here…