How Much Makes Someone Wealthy, and Why It Pays to Delay Social Security
Motley Fool Money
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Delaying Social Security: A Strategic Advantage
This chapter explores the misconceptions about Social Security and the benefits of delaying claims, especially for higher-income individuals. It underscores the long-term financial advantages of waiting to claim benefits, akin to an inflation-protected annuity. Additionally, the discussion delves into the implications of timing decisions on benefits for individuals and their spouses, as well as the potential impact on government finances.
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