You probably shouldn't wait till 70 to claim Social Security. Here's math to open your eyes (but nobody likes to show)

Title: You probably shouldn't wait till 70 to claim Social Security. Here's math to open your eyes (but nobody likes to show)

Article Snip: "...According to the Social Security Administration, taking your benefits as early as possible (age 62 for those born after 1960) could result in lower monthly payments. At age 67...this relatively simple math overlooks some key variables that might shock some retirement planners.

“Age 70 is not the most financially rewarding age to initiate benefits unless an individual has a low discount rate and/or is confident they will live several years past their life expectancy"

Reference: finance.yahoo.com
Social Security

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