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Should you wait until you’re 70, or take Social Security when you’re younger?
Financial counselors will often advise people to try to maximize their Social Security benefits by waiting until they’re 70 years old, if possible. But there are really a lot of factors to consider when deciding when to begin benefits. Sometimes it makes more sense to start collecting at 62, sometimes a little later, and sometimes not until 70. Each person is different, as this article by Stacy Johnson of MoneyTalksNews points out, and waiting until you’re 70 might not be the wisest decision. To find out what might work best for you, click here
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