I’m a Retirement Planner: Here Are 5 Reasons You Could Regret Delaying Social Security

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The longer you wait, the bigger the payment to a point.

Once you reach age 70, theres no more advantage to delaying.

However, there are some instances when it makes sense to file for benefits earlier rather than later.

Here are fivereasons you could regret delaying Social Security, according to a retirement planning expert.

In this case, the increased benefit from delaying Social Security could be negated.

If this is your situation, then youll need to strategize over the best time to file for benefits.

If your spouse has already claimed their benefit, delaying yours wont grow the amount.

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