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Claiming Early? Suze Says Wait
Description
Don’t rush to claim your Social Security at 62—financial guru Suze Orman warns most people will lose out big time. While early claiming makes sense if you’re in dire need or have health issues, waiting until 70 can boost your monthly benefit by 24% and maximize your lifetime income. Economists back her up: 90% of retirees would be better off waiting. The trust fund’s projected shortfall won’t affect your payout if you claim early—it just shrinks your check forever. Use SSA’s tools to see what’s right for YOU.
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