Just 10% plan to wait until age 70 to claim Social Security, survey finds. Why experts say it’s often best to delay

August 15, 2023 by Lorie Konish

Research suggests it’s best to hold off on claiming Social Security retirement benefits until age 70, if possible, to get the biggest monthly payments available to you.

However, just 10% of nonretired Americans plan to wait until that age to start their monthly benefit checks, a new survey from asset management company Schroders finds. That includes 17% of respondents ages

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Originally Posted at CNBC on August 8, 2023 by Lorie Konish.