Delaying Social Security Payments | WYPR

Delaying Social Security Payments

Feb 1, 2018

We’ve spoken repeatedly about the notion that you would likely be better off financially in retirement if you worked for more years and waited to begin claiming Social Security.  Not only does working longer allow one to save more money for retirement, but delaying the receipt of Social Security benefits increases the value of monthly benefits.  Here’s another reason to hold off collecting those Social Security checks – if you retire early, you are more likely to die earlier as well...