Individual Strategies
A single individual, age 62, claimed social security early. By age 70, a delay in claiming increased monthly benefits from $1,500 to $2,600, resulting in a total increase of $120,000 over 20 years.
A single individual, age 62, claimed social security early. By age 70, a delay in claiming increased monthly benefits from $1,500 to $2,600, resulting in a total increase of $120,000 over 20 years.