Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
...You can wait till you are 70...if you want..and you will get a much bigger paycheck at that point...

IIRC, about 30% more.

To get the absolute maximum SS benefits you need to not start payments until you are 70 yrs + 3 months old. That is what 2 different SS offices said 1 year apart. I wanted to confirm this tid-bit. At the second SS office, 1 year later, I had a discussion with the clerk about this. We agreed that it did not make sense. However, she confirmed with her supervisor that the 3-month delay is true. [I'm shooting for the absolute maximum SS benefits.]

Good luck,

TB
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement