5 Reasons to Delay Social Security Benefits
By Jeffrey Levine, Director of Retirement Education
As many know, you may not need to start taking Social Security at age 62; you can start any time after that until age 70. After 70, there's no point in waiting longer because your Social Security benefits won't increase moving forward. If you don't have an immediate need for the money and you're healthy enough to anticpate a long retirement, waiting will increase the size of the Social Security checks you'll eventually receive. Long-term, you may come out ahead.