Indeed, many individuals fail to consider that it could take from nine to 12 years to make up for not having collected the benefits during earlier years.
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Delaying collecting retirement benefits until age 72 can result in a 25% increase in Social Security payments, but contrary to common perception, doing so may not be the best strategy. So reports Investors’ Business Daily.
Indeed, many individuals fail to consider that it could take from nine to 12 years to make up for not having collected the benefits during earlier years.