Yes, Most People Probably Should Hold Off on Claiming Social Security
Another point in Social Security’s favor is that you are an individual, not an average. Yes, on average stocks do better. But ...
Why Most Baby Boomers Take Social Security Too Early
They found a strong correlation between agreement with the statement and an intention to claim Social Security early. In ...
Forbes5y
Are Social Security's Early And Late Retirement Factors Fair?
After all, these factors were first set in 1961 (early retirement) and 1983 (late retirement), as described in the comprehensive book Social Security by the longtime Social Security Chief Actuary ...
Kiplinger5y
The Social Security Mistake Risk-Averse Folks Make
many Americans choose to claim benefits early. Granted ... on what they could lose by claiming today. Loss Scenario No. 1: Waiting to Claim Social Security – but dying before getting it Let ...
Kiplinger2y
When You Claim Social Security Can Have Huge Implications for Your Spouse
Claiming Social Security early locks you in for reduced benefits ... delay Social Security benefits comes at a cost, namely the loss of Bob’s Social Security income from age 66 to 70.
The New York Times5d
Why Do So Many Americans Pass Up Bigger Social Security Checks?
“The median loss for this age group in the present ... For some such people, claiming Social Security early may be unavoidable. That said, many other retirees can wait but don’t.
When is the best age to take Social Security?
Social Security retirement benefits are ... of $3.4 trillion in potential income because of early claiming. That works out to ...
The Motley Fool1mon
Social Security's 2025 Cost-of-Living Adjustment (COLA) Is a Bit of a Downer. But There's a Silver Lining for Some Early Claimers.
Some workers claiming Social Security will be able to earn more next year before having money withheld from their checks. Claiming early has its drawbacks, but one of them is about to get a little ...
U.S. News & World Report22d
What Raising the Retirement Age to 70 Would Mean for You
A third of recipients take Social Security early at 62, according to the Social ... most retire earlier – at 61 – because of job loss, poor health or caregiving responsibilities.
Forbes1y
Social Security: The Bridge Method
While you can begin collecting your Social Security at age 62, this is considered to be early – everyone reaches a Full Retirement Age (FRA) where they can then collect 100% of their benefits ...
CNBC16d
Will Social Security run out? Here's what could happen to your benefits
The financial future of the more than 70 million Americans who receive Social Security benefits is slightly more secure than anticipated: The trust fund reserves used to pay beneficiaries are ...
24/7 Wall St23d
The 5 Most Common Reasons Americans Filed for Social Security When They Did
If you take it early, there are penalties ... your finances can survive economic hardship and job loss. No. 5—Many don’t believe Social Security will be around later. At the moment, 75% ...