When It Makes Sense to Claim Social Security Early
Most advisors will counsel you to wait as long as possible to claim your Social Security benefits, and that’s usually very sage advice. But life is full of realities, and one reality is that it sometimes isn’t possible or prudent to wait until your full retirement age (or later) to claim that Social Security benefit you’ve earned from a lifetime of working. In this article by Maurie Backman appearing in the Mooresville (NC) Tribune, the author explains several personal circumstances which are very good reasons for claiming your benefits early – you need the money now; your health isn’t good; and you want money to enjoy retirement when you’re younger. Click here to read more.