Why It’s Better to Wait Before Claiming Social Security Benefits

Social Security might be the last thought that comes to mind when you first start your job. It’s just one more significant calculation taken out of your paycheck—or so it seems.
Social Security is actually a major component of many people’s retirement financial planning. We’re investing in our future selves as we contribute to Social Security throughout our working life. You are creating a foundation that you can use when you leave and stop working, or at least for a while.
Both the timing and the decision to say Social Security in pensions are crucial. Although it might seem like a no-brainer to state your gains as soon as you’re permitted, that might not always be the situation. In fact, delaying your Social Security payments may be useful for a number of reasons, including some certainly- so- clear benefits….

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