• Question
  • 66 67?

    Asked by someone from Wapello, IA on 10/28/2016

    I am 66. 67 in April. are there any benefits to filing now, or waiting until 67?

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  • Categories: Retirement Planning, Guaranteeing Income

Answers

  • Steve 

    Steve 
    NewRetirement

    San Francisco, CA

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  • The longer you wait to claim Social Security the higher your monthly benefit - generally you get about 8% more per year for every year you delay.

    You can run some Social Security benefit calculations here: https://www.newretirement.com/Services/Social_Security_Start_Age_Calculator.aspx

    You may also want to try our holistic retirement planning tool and consider many different ways to secure your retirement: https://www.newretirement.com/

  • Login to rate this answer:   Answered on 11/16/2016
**All above answers are provided as general information only. No warranty is made regarding the fitness or accuracy of the information provided in this answer. You should seek advice from a licensed CPA, attorney or CERTIFIED FINANCIAL PLANNER™ as to your unique financial situation.