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Delaying Social Security for a Higher Payout Is Overrated. Here's Why.

·3 min read
Delaying Social Security for a Higher Payout Is Overrated. Here's Why.

Social Security is a primary source of retirement income for many people, and for some, it's the only source. You can begin receiving Social Security benefits at age 62, or you can delay your benefits until age 70, which will increase your monthly total.