Most Advisors Recommend Delaying Benefits
Some advisors refer to Social Security as the best annuity being offered. Many entering retirement look to annuities to ensure that they have a steady income over the course of the rest of their life, but at the same time take Social Security benefits as early as they can. Taking Social Security benefits at age 70 rather than 66 equates to a monthly benefit bump of 32%. For more information visit this article by Alan S. Roth with Financial Planning.
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