This Retirement Mistake Could Cost You $93,936 or More
When you're used to the government taking money from you your whole working life, getting a monthly Social Security check feels like a sweet reward, regardless of how much it is. But those who start claiming Social Security as soon as they're eligible just because they can could be making a costly mistake.
It's true that the government sets the formula for how your Social Security benefit is calculated, but you influence how much it actually is by when you decide to begin benefits. Starting too early based on your life expectancy could cost you tens of thousands of dollars, as I explain below.
Source Fool.com