Many Retirees Wish They Had Delayed Taking Social Security Benefits
“MassMutual says a married couple that lives into their 90s but decides to begin their Social Security benefits at age 62 as opposed to age 70 could be leaving as much as half a million dollars on the table, or forfeiting $2,000 to $4,000 a month for life.”
By
Lee Barney
“MassMutual says a married couple that lives into their 90s but decide to begin their Social Security benefits at age 62 as opposed to age 70 could be leaving as much as half a million dollars on the table, or forfeiting $2,000 to $4,000 a month for life. Furthermore, a surviving spouse will receive $1,000 to $2,000 less a month if the couple filed at age 62.”
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Source: Financial Planning for Women