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Should You Claim Social Security Early Just to Invest Your Payments?


Most personal finance experts suggest that you wait to claim Social Security benefits as long as possible because each year you delay (until you turn 70), the larger your monthly benefit gets. But some investors may see an opportunity in taking Social Security early: Doing so would allow them to draw down less on their own assets, leaving more money invested in their nest eggs where it can keep growing.

It's certainly possible to come out ahead by claiming Social Security early when factoring in your investment returns. But for most retirees, it's probably not worth the risk.

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Source Fool.com


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