Tag Archives: social security

The benefits of delaying social security

Everyone knows that delaying the starting age of social security increases your benefits. Its right there in your social security statement. But most people don’t know how big an impact delaying social security can have when looked at in terms of investment returns. If retirees knew how big an impact delaying social security can make they might make different decisions. I’ll use my situation as an example. I’ve found that the percentage changes are approximately the same for everyone I’ve looked at, mainly family members. The table below shows the difference in my and my wife’s social security benefits at … Continue reading

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