Do You Plan On Waiting To Collect Social Security?

 

Putting off Social Security can help conserve your nest egg. According to AARP and the Financial Planning Association, 90% of retirees know that waiting to collect Social Security will get them a bigger benefit – but only 5% know how much bigger.¹ Postponing Social Security can increase your monthly check—and thus reduce your reliance on your retirement portfolio.

¹Social Security Planning in 2015 & Beyond: Perspectives of Future Beneficiaries and Financial Planners, 2015.