When is the optimal age to claim Social Security benefits?
TL;DR Summary
The article explains that while delaying Social Security benefits increases monthly payments, it may not always be the best choice due to factors like longevity risk and opportunity costs. A personalized approach, considering individual health, savings, and investment returns, is recommended, ideally with professional financial advice, to optimize retirement benefits.
Topics:business#benefit-timing#longevity-risk#opportunity-cost#personal-finance#retirement-planning#social-security
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