The Unfortunate Truth About Claiming Social Security at Age 70

Most personal finance experts recommend waiting as long as necessary to claim Social Security in order to qualify for the largest possible benefit. For most, that means applying for retirement benefits at age 70.While 70 is, statistically speaking, the optimal age to claim for the majority of retirees, it doesn't mean there are no downsides to waiting that long before taking Social Security. In some instances, waiting until 70 could even be detrimental to your finances and your ability to enjoy your retirement.Here's the unfortunate truth about claiming Social Security at age 70.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Zum vollständigen Artikel