- How It Works
- ServicesServicesOverviewChoose the right level of support for your plan and needsExpert ReviewA comprehensive review of inputs and reports to get you on the right pathFiling AssistanceLet our experts deal with Social Security for youClawback AssistanceFor those who need help fighting a Social Security benefit clawback
.png)
- Why Choose Us
- ResourcesResourcesBooksFrom the world-renowned economist behind Maximize My Social SecurityWebinars & PodcastsExpert tips and guides to help you get the maximum from Maximize My Social SecurtyArticlesIn-depth commentary on Social Security from our founderAsk LarryThousands of questions answered by our Social Security expertsBlogSocial Security insights to help you maximize your lifetime benefitsFAQYour most pressing questions answered
- Pricing
Ask Larry
Experts at Maximize My Social Security have answered more than 10,000 questions about Social Security over many years. Search for your questions and answers here.
Should I Take My Benefits Now Rather Than Waiting Until Age 66 & 4 Months?
HI, my birthdate- 9-1-56 $750 benefit now , FRA is $1,000 My health is perfect, no house payment and no bills. Should I take the money now rather than wait till 66/4months ?
Hi,
In my opinion, if you don't need the money now you should probably wait until age 70 to start drawing. If your full retirement age rate (PIA) is $1000, your retirement benefit rate at age 70 if you wait until then to start drawing would be roughly $1293. That said, when to start drawing your benefits is entirely a personal decision which you'll need to decide for yourself. You may want to consider using our maximization software to compare your options so that you can make an educated decision.
Best, Jerry
Category:
Posted:
October 3, 2018