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Image source: Getty Images. You're taking a risk. As mentioned, studies show the average retiree will collect more in Social Security benefits over their lifetime if they delay until age 70.
Most personal finance and retirement experts recommend waiting until age 70 to claim Social Security benefits. The primary reason for that rule of thumb is because the average individual will ...
Waiting until you're 70 is key to maximizing your Social Security benefits. Unfortunately, that’s not always possible for everyone -- sometimes circumstances force you to claim your benefits ...
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 ...
You can also snag a much higher monthly benefit by delaying your Social Security claim until age 70. If your full retirement age is 67, filing at 70 means raising your monthly benefit by 24% ...
The Social Security approval process is relatively speedy, but as it is a government program with a huge number of applicants, you can expect to wait 3-5 months before you get your approval for ...
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