Double Social Security Benefits
How’d you like to double the size of your Social Security checks? You will goose your future retirement income if you are able to delay the start of your benefits from age 62 to 70, reports CBS MarketWatch.
If you can’t wait that long, at least try to avoid taking Social Security until 66 — that will increase the size of your checks by one third. Sure, you’ll forgo some income in those early years, but you’ll make up the difference quickly once those larger checks start coming in.
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Category: Baby Boomers, Retirement
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