3 Ways Claiming Social Security at 70 Could Come Back to Bite You
You can begin taking Social Security as young as age 62, but if you hope to take home your largest monthly benefit, you'll have to wait. Every month you delay your application will boost your checks slightly until they max out at age 70.
But that doesn't mean waiting to claim Social Security is always the best option. There are three main drawbacks you need to weigh before you decide if applying at 70 is right for you.
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Source Fool.com