Researcher ORCID Identifier
Document Type
Article
Publication Date
2-2024
Abstract
Financial planners generally recommend delaying the start of Social Security retirement benefits until age 70. However, two-thirds of recipients begin collecting benefits before full retirement age. We argue that starting benefits before age 70, or even before full retirement age, and investing these benefits sensibly may well be a smart financial decision.
Terms of Use & License Information
This work is licensed under a Creative Commons Attribution 4.0 License.
Recommended Citation
Smith, Gary N. and Smith, Margaret H., "It May be a Mistake to Delay Social Security Benefits" (2024). Pomona Economics. 17.
https://scholarship.claremont.edu/pomona_fac_econ/17
Comments
Originally published in The Journal of Financial Planning. For more information, please visit https://www.financialplanningassociation.org/about.