The age-old question answered: When should you claim Social Security?
Well, that age-old question isn’t so easily answered as the headline implies. As most Social Security Advisors and Financial Advisors will tell you, when you should claim benefits depends upon a number of factors, each of which should be carefully considered when making that decision. Although in this article the author reveals that Social Security actuaries will tell you it doesn’t matter what age you claim, that refers to all Social Security beneficiaries as a group. As an individual person it does, indeed, matter. Nevertheless, this article by contributor Charlie Farrell appearing in The Denver Post provides an excellent review of the factors to consider when deciding when to claim your Social Security benefits. Click here to read more.
Also, if you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security, note that the AMAC Foundation provides a free-to-the-public service to help Americans navigate the complexities of this program. Learn more about it here…