The decision to pass up larger monthly Social Security payments is a deliberate one - ASPPA

Although Social Security is the primary source of income for the majority of Americans, just 10 percent of non-retired Americans ages 45 and older are planning to wait until age 70, according to Schroders’ 2021 U.S. Retirement Survey. Waiting until age 70, the age at which an individual reaches their maximum monthly Social Security benefits is a deliberate decision. Seventy-four percent of non-retired survey respondents understand that the longer they wait to begin their Social Security benefit, the more they will receive. Ted Godbout reviews the results and why only a minority of Americans will wait to 70 to start their Social Security. Read Mr. Godbout’s article here…

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers