Statistics Say: This Is the Best Age to Claim Social Security

Leading up to retirement, there are plenty of important decisions you need to make, including when you claim Social Security. This isn't a decision that should be taken lightly, either, because it will permanently affect how much you receive in benefits. And considering how valuable Social Security is to millions of Americans' retirement income, you don't want to find yourself leaving money on the table.Your full retirement age is when you're eligible to receive your base monthly benefit, called your primary insurance amount (PIA), but you can claim before then (beginning at age 62) or delay claiming past that age.There are pros and cons to claiming at your full retirement age, early, and late. So, what exactly is the best time to claim? Let's see what the statistics say.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool