Should you start Social Security benefits early? There are reasons you should.
Most financial advisors extol the virtues of delaying your Social Security benefit until at least your full retirement age – 66 or 67 depending on when you were born. Many also recommend waiting even later because your benefit amount continues to grow until you’re 70 years old. It’s always a personal decision for when you should apply for benefits, but there are a few really good reasons why you should begin collecting early. This CNBC article by Sharon Epperson and Katie Young explains. Click here to read more.