We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
It May Be a Mistake Delay Social Security Retirement Benefits: The inflection point for delaying Social Security for a higher benefit might be later in life than is practical for most retirees.
- Authors
Smith, Gary; Smith, Margaret H.
- Abstract
The article discusses the debate surrounding the optimal timing for initiating Social Security retirement benefits, questioning the commonly recommended strategy of delaying benefits until age 70. It also mentions various factors affecting this decision, including the financial implications, nonfinancial considerations, and the complexity of Social Security rules and benefits.
- Subjects
RETIREES; SOCIAL security; RETIREMENT benefits; POMONA College (Claremont, Calif.); RETIREMENT income; INTEREST rates; INFLECTION (Grammar); INDIVIDUAL retirement accounts; COST of living
- Publication
Journal of Financial Planning, 2024, Vol 37, Issue 2, p56
- ISSN
1040-3981
- Publication type
Article