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With $500,000 in an IRA and a pension, you may not need to immediately claim Social Security at age 62. By waiting until full retirement age at 67 or even 70, you can increase your monthly benefit by up to 24%. However, delaying Social Security means fewer cumulative checks over what could be a decades-long […] The post Should I Delay Social Security and Rely on My IRA for the Next 5 Years? I Have $500k and a Pension. appeared first on SmartReads by SmartAsset. ....
Social Security projections aren't looking great for millennials, but it's not all doom and gloom. See: Most Americans Plan To Spend Less Than $2,000 a Month in Retirement - Are They Being. ....
Trying to decide when you should claim your social security benefits? There are pros and cons to claiming early – make an informed decision with my help. ....