Retirement: Data Reveals Claiming Social Security at 70 Maximizes Lifetime Income
Los Angeles, California – Social Security benefits play a crucial role in the financial security of many elderly Americans across the country. According to a recent report from the Transamerica Center for Retirement Studies, over 40% of baby boomers rely on their monthly Social Security checks as their primary source of income during retirement. Making informed decisions about when to start receiving these benefits can significantly impact the size of one’s monthly payments. Deciding when …