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It just might be a smart move, depending on your circumstances.
GOBankingRates ran a few scenarios to examine this strategy.
But instead, you decide to claim early and invest.
Not at all a small chunk of change.
At this point, youll continue collecting your Social Security checks for the rest of your life.
Lets assume you live until age 90.
From 67 through 90, youll receive another $405,720 in Social Security benefits.
In essence, your growth from investing helps compensate for the smaller monthly checks.
However, there are some other key factors to consider.
Other Factors To Consider
Longevity plays a major role.
That said, investing comes with risks.
Ultimately, the best decision depends on your individual financial situation, investment discipline, and risk tolerance.
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