Statistics Say: This Is the Best Age to Claim Social Security

You save diligently for retirement throughout your career. You carefully build a budget that will help you stretch those savings over an uncertain life expectancy. So it only makes sense that you would approach your Social Security claiming age with just as much care.There's technically no wrong age to apply for Social Security. But there are definitely some ages that could lead to larger lifetime benefits than others. Research consistently surfaces one claiming age as the most beneficial for most Americans, yet only about 10% of people actually sign up then.If you hope to optimize your Social Security benefits and improve your standard of living in retirement, it pays to understand how your claiming age affects your checks and how to choose the right time to apply.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool