When Should I Take My Social Security? Waiting Pays Off

While you can start receiving your Social Security benefits any time between the ages of 62 to 70, if you can wait, you can potentially receive a significantly larger monthly check for the rest of your life. Those who need the benefits right away at age 62 should not hesitate to use them. That’s why they are there. But, if you can wait, even an additional year or two, your monthly payments can increase substantially.

The National Academy of Social Insurance has some great short fact sheets and video clips on Social Security and things to consider when deciding when to receive your benefits. See their section, When to Take Social Security: It Pays to Wait.

Karen Joy Fletcher

Our blogger Karen Joy Fletcher is CHA’s Communications Director. With a Masters in Public Health from UC Berkeley, she is the online “public face” of the organization, provides technical expertise, writing and research on Medicare and other health care issues. She is responsible for digital content creation, management of CHA’s editorial calendar, and managing all aspects of CHA’s social media presence. She loves being a “communicator” and enjoys networking and collaborating with the passionate people and agencies in the health advocacy field. See her current articles.