Should You Claim Social Security as Early or Late as Possible? Data Gives a Straightforward Answer.

Deciding when to claim Social Security comes down to what kind of trade-off you want to make. You can take smaller payments over a longer period or larger payments over a shorter period. The implications are different for each choice, but there's no clear choice that works for everyone.Unfortunately, this is one of the more important decisions you'll make as you're approaching or in retirement, so you want to be confident in your choice. On the bright side, data shows that there's a clear answer on what's better between claiming benefits as early or as late as possible.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool