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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.
When Is The Best Time For Me To Start Drawing Benefits?
This coming Oct/2016 I will be 62 years old, no kids, divorced, in good health overall, my assets are about $400.000/IRA, owned my house, no debts, and happy with myself. I forgot to mention that I get a small company pension for life.
After this introduction my question to you is the following: Is it worth for me to wait a few more years to claim my Social security?
Hi,
Deciding when to start taking Social Security is a personal decision, and there is no absolute best strategy. In general, though, it's likely best to wait until age 70 to start drawing benefits if you can afford to, and are in good health. You may wish to consider running the maximization software available on this website in order to get a better idea of which filing option may be best for you.
Best, Jerry
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Posted:
August 8, 2016