Waiting Until 70 To Claim Social Security Isn’t Always The Best Choice - tucson.com
Nearly every financial advisor will counsel their clients to wait as long as possible to claim their Social Security benefits, even up to age 70 when those benefits reach maximum. And that’s often very sound advice if the person’s personal circumstances allow them to do so. But life is full of uncertainties and surprises, so waiting to age 70 to get that maximum benefit isn’t always the most prudent move, as explained by Tom Margenau in his regular Social Security article which appears in the Arizona Star at Tucson.com. In this article, Tom shares several instances where claiming before age 70 is exactly the right decision. 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…