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The “Filing at Age 62” Question again
It’s a subject that just keeps coming up. I’m approaching age 62, so should I file for my benefits at that point or wait. Most financial planners, of course, will tell you to hold off as long as you can, all the way to age 70 if possible. That way, you’ll get the highest possible monthly benefit. Of course you will have missed out on eight years of monthly payments, albeit reduced. So what to do? There us substantial conjecture available in the media for both ends of the age 62-age 70 spectrum, but it’s always a personal decision. The Motley Fool’s Maurie Backman, in a post on www.foxbusiness.com, offers some guidance if you’re in the throes of this decision. Check it out here…