5 Key Question’s Baby Boomers Must Ask Before They Retire: Q3: When should I claim Social Security?
3) When should I claim Social Security? Postponing
claiming Social Security benefits from age 62 until age
70 increases the size of the benefit by about 75%.
Delaying impacts not only the benefit at the time of
claiming, but also the survivor benefit for married
couples. The Society of Actuaries says nearly half of
widows have no other income than Social Security.