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Reasons Why DRCs Are Unattractive to Many
According to this post by Sean Williams of the Motley Fool, less than a tenth of retirees elect to take advantage of the Social Security’s Delayed Retirement Credit provision. It’s a guaranteed 8% return on your benefit from fill retiremenht age to age 70, so it’s a “no brainer,” isn’t it? Williams provides some of the thinking that goes into the decision to not wait, with one of the leading factors being what he labels the “pervasive myth” about the program’s impending bankruptcy. Read his post here…
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