Retired? Retiring soon? Considerations for optimizing social security benefits. - December 30, 2009
If you or a parent are retiring soon, among the many decisions to consider is timing Social Security benefits. When you turn 62, you’ll have an option to start collecting your earned benefit. But, for many people, experts recommend that waiting until age 70 (the latest age you can start collecting), in order to maximize your monthly payment and overall benefit.
Read more at:
Collect now, collect later? Timing your Social Security benefits (New York Times)
Start collecting Social Security now — or wait? (MSNBC.com)