What’s the Best Age to Claim Social Security? Here Are 3 Top Options

pexels

It’s one of the most important questions when it comes to retirement benefits.

Knowing the best age to claim Social Security can help you maximize your earnings. This question is hotly debated, because the answer can be different depending on your situation. Waiting to claim can help you get higher payments, while claiming early can benefit those who have health issues or are unable to work longer.

The Motley Fool shows us that a few ages stand out. Those who took benefits at 67, 69, or even 70, found that they were coming out ahead and getting higher payments. For those who have this option available, it’s often better to wait. Because in this case, the payment of patience is worth it.

When will you be taking Social Security? Are you considering waiting longer? We want to know. For more tips like this, follow NORA on Facebook and Twitter.