Most don’t wait until 70 to start Social Security. Here’s why.
Sure, waiting until you’re age 70 to start your Social Security benefits will yield you a much fatter payment; as much as 70% more than you’ll get if you start at age 62. So why is it that so few people actually wait until they are 70 to start their benefits? Well, there are probably as many different reasons as there are ages to start, but when you break it down to the basics there are only a few. This Yahoo! Finance article by Brian Stoffel explains why more people don’t wait until age 70 to start their Social Security benefits. Click here to read more.