3 Reasons Not to Wait Until 70 to Claim Social Security

Many financial experts advise waiting until the age of 70 to start getting your Social Security checks. Second, for around six in 10 retirees, claiming benefits at 70 rather than sooner is the financially optimal choice that results in more lifetime income. Unfortunately, if you delay claiming Social Security because you're trying to squeeze every dollar out of the program you can, you may not be in a position to spend your benefits on the things you've always dreamed of doing.