3 Big Reasons Not to Claim Social Security at 70, Despite Boosted Benefits
Key PointsEven though taking benefits at 70 boosts them monthly, you might get less Social Security in your lifetime.
Claiming Social Security at age 70 isn't always the optimal choice. Even though monthly benefits increase by 8% each month you delay claiming past full retirement age, you might end up with less money in total if you live past 70. Consider these three factors before deciding to wait until 70 to file.
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